The environmental/economic dispatch (EED) of power systems addresses the environmental pollution problems caused by power generation at the operational level, offering macroscopic control without requiring additional construction and remediation costs, garnering widespread attention in recent years. This paper undertakes a comprehensive review of existing EED models, categorizing them according to the control of atmospheric pollutants into total air pollutant control (TAPC) and control considering the spatial and temporal diffusion (STD) of atmospheric pollutants. In addition, various methods employed to address the EED problems, as well as the current state of research on multi-area EED models, are presented. Finally, this paper analyzes and summarizes the literature on existing EED models, highlighting the deficiencies of the current work and future research directions. Through these explorations, the authors find that controlling the EED model by considering TAPC is more suitable for general macro planning, whereas the EED model considering the STD of air pollutant emissions enables more precise and effective control. Summarizing such models and techniques is conducive to developing dispatch plans adapted to local conditions, which is significantly beneficial for public welfare and government management, promoting sustainable and environmentally friendly power system dispatch methods.