Distributed economic dispatch method for power system based on consensus

This study performs an extensive review on distributed economic dispatch method for the power system based on consensus. It covers the comparison of centralised and distributed economic dispatch method in terms of system structure, performance requirement and solution process. The key links in the process of solving economic dispatch problem are summarised, and the advantages and disadvantages of the existing distributed economic dispatch algorithm are reviewed. Furthermore, the possible research directions, from the authors’ point of view, are also provided in this study.