Hybrid Economic Dispatch

Power System (e.g., Mindanao Grid) is supplied by various power sources from cheapest to costliest power plants, such hydro, geothermal, coal, and oil. For some grids, other sources include solar, wind, natural gas, nuclear, and biomass power plants.  Energy is supplied  to the Power System (Grid) through the transmission lines and distributed to customers such as distribution utilities, manufacturing industries and electric cooperatives.