The paper deals with the problem of improving co-ordination between th
e on-hire economic dispatch (ED) function and the very short term adva
nce dispatch (AD). Both procedures are formulated as optimal dispatchi
ng problems, but while a static model is used for the ED function, a d
ynamic model is employed in AD. The need to account for ramp-rate limi
ts of thermal generations even in the ED phase is satisfied by adding
suitable penalty terms to the objective function of the classical ED p
roblem. These penalties are proportional to the. Lagrange multipliers
associated with ramp-rate limits that are active at the AD solution. A
n efficient updating procedure is used to correct the penalization by
taking the load forecast errors into account. The proposed co-ordinati
on procedure can provide the snapshot ED with the long range perspecti
ve of AD without resorting to heuristic approaches. The procedure is v
alidated by extensive testing carried out both on a small CIGRE test c
ase and on a medium-large scale network representative of the Italian
EW system. Moreover, test res;lts show that the CPU time requirements
of the modified ED procedure are still suited to online applications.