If you want to use social welfare as the objective function, simply convert all
loads to dispatchable loads. In that case, cost minimization, which now
includes minimizing the negative costs (i.e. positive benefits) of the loads is
actually minimizing the negative of the social welfare (or maximizing social
welfare). The objective function value will be the negative of the total
welfare.
Ray
> On Jul 14, 2017, at 12:45 PM, [email protected] wrote:
>
> Hi all,
> I am using Matpower to run a DC opf, if I want to change the objecive
> function of opf, such as changing it to social welfare instead of cost. Can
> anyone tell me how I can do this change in Matpower? Thanks so much.
>
> Best Regards
> Stephanie
