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This paper proposes a Quasi-Monte Carlo (QMC) simulation based multi-objective economic dispatch, which aims to reduce the fuel cost and emission of the grid simultaneously. During the simulation, QMC models the stochastic behaviours of wind speed and distributed loads with low-discrepancy sequences. In comparison with conventional Monte Carlo (MC) simulation, the computational complexity of QMC is...
This paper proposed an economic dispatch scheme based on stochastic frame. Compared with conventional dispatch, the stochastic dispatch fully considers the variation of distributed load variations in the grid between dispatch intervals. The objective function of the stochastic dispatch scheme aims to minimize the distribution of fuel cost rather than a single value. Due to the stochastic analysis,...
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