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In this video, you will learn how we can solve Economic Load Dispatch Problem using Lambda Iteration Method  Step-by-Step with Numerical Example. This is a simple Economic load dispatch of Real power with Example.  Transmission losses are not considered.   Economic Dispatch Solution By Lambda-Iteration Method. Topics Covered in this video:  Power System Types​ Load Center, Power Plants.​ Economic Dispatch Problem?​ Economic Dispatch Problem: Equality and Inequality Constraints. ​ Economic Dispatch Problem Objective.​ Economic Dispatch Problem Step-by-Step Explanation with Numerical Example​ Particle Swarm Optimization Algorithm for Solving Economic Load Dispatch Problem