ELECTRIC POWER COMPONENTS AND SYSTEMS, cilt.39, sa.16, ss.1748-1768, 2011 (SCI-Expanded)
A security-constrained power dispatch problem with non-convex cost function for a lossy electric power system area including limited energy supply thermal units fueled under a take-or-pay agreement is formulated. Then, an iterative solution method based on a modified subgradient algorithm based on feasible values and common pseudo scaling factor for limited energy supply thermal units is proposed and used to solve the problem. In the iterative proposed solution method, a modified subgradient algorithm based on feasible values is used to solve the dispatch problem in each subinterval, while the common pseudo scaling factor for limited energy supply thermal units is employed to adjust the amount of fuel consumed by the limited energy supply units during the considered operation period.