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Economic dispatch and frequency regulation are typically viewed as fundamentally different problems in power systems, and hence are typically studied separately. In this paper, we frame and study a joint problem that optimizes both slow timescale economic dispatch resources and fast timescale frequency regulation resources. We provide sufficient conditions under which the joint problem can be decomposed without loss of optimality into slow and fast timescale problems. These slow and fastdoi:10.1109/tpwrs.2017.2682235 fatcat:slu4pyovereffgdtorrdzttnma