diff --git a/CHANGELOG.md b/CHANGELOG.md
index 684dbdcca..ef048a0ef 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -77,6 +77,10 @@ The `--pci-blacklist` command line option has been deprecated, replaced with
 The `--pci-whitelist/-W` command line options have been deprecated, replaced with
 `--pci-allowed/-A`.
 
+Added new experimental `dynamic` scheduler that rebalances idle threads, adjusts CPU frequency
+using dpdk_governor and turns idle reactor cores to interrupt mode. Please see
+[scheduler documentation](https://www.spdk.io/doc/scheduler.html) for details.
+
 ## ioat
 
 The PCI BDF whitelist option has been removed from the `ioat_scan_accel_engine` RPC.
diff --git a/doc/Doxyfile b/doc/Doxyfile
index 69f5a5926..d17f0a497 100644
--- a/doc/Doxyfile
+++ b/doc/Doxyfile
@@ -835,6 +835,7 @@ INPUT                  += \
                          peer_2_peer.md \
                          pkgconfig.md \
                          porting.md \
+                         scheduler.md \
                          shfmt.md \
                          spdkcli.md \
                          spdk_top.md \
diff --git a/doc/general.md b/doc/general.md
index 0710e5354..e1d765fe3 100644
--- a/doc/general.md
+++ b/doc/general.md
@@ -1,5 +1,6 @@
 # General Information {#general}
 
 - @subpage event
+- @subpage scheduler
 - @subpage logical_volumes
 - @subpage accel_fw
diff --git a/doc/scheduler.md b/doc/scheduler.md
new file mode 100644
index 000000000..0acba78f7
--- /dev/null
+++ b/doc/scheduler.md
@@ -0,0 +1,82 @@
+# Scheduler {#scheduler}
+
+SPDK's event/application framework (`lib/event`) now supports scheduling of
+lightweight threads. Schedulers are provided as plugins, called
+implementations. A default implementation is provided, but users may wish to
+write their own scheduler to integrate into broader code frameworks or meet
+their performance needs.
+
+This feature should be considered experimental and is disabled by default. When
+enabled, the scheduler framework gathers data for each spdk thread and reactor
+and passes it to a scheduler implementation to perform one of the following
+actions.
+
+## Actions
+
+### Move a thread
+
+`spdk_thread`s can be moved to another reactor. Schedulers can examine the
+suggested cpu_mask value for each lightweight thread to see if the user has
+requested specific reactors, or choose a reactor using whatever algorithm they
+deem fit.
+
+### Switch reactor mode
+
+Reactors by default run in a mode that constantly polls for new actions for the
+most efficient processing. Schedulers can switch a reactor into a mode that
+instead waits for an event on a file descriptor. On Linux, this is implemented
+using epoll. This results in reduced CPU usage but may be less responsive when
+events occur. A reactor cannot enter this mode if any `spdk_threads` are
+currently scheduled to it. This limitation is expected to be lifted in the
+future, allowing `spdk_threads` to enter interrupt mode.
+
+### Set frequency of CPU core
+
+The frequency of CPU cores can be modified by the scheduler in response to
+load. Only CPU cores that match the application cpu_mask may be modified. The
+mechanism for controlling CPU frequency is pluggable and the default provided
+implementation is called `dpdk_governor`, based on the `rte_power` library from
+DPDK.
+
+#### Known limitation
+
+When SMT (Hyperthreading) is enabled the two logical CPU cores sharing a single
+physical CPU core must run at the same frequency. If one of two of such logical
+CPU cores is outside the application cpu_mask, the policy and frequency on that
+core has to be managed by the administrator.
+
+## Scheduler implementations
+
+The scheduler in use may be controlled by JSON-RPC. Please use the
+[framework_set_scheduler](jsonrpc.md/#rpc_framework_set_scheduler) RPC to
+switch between schedulers or change their options.
+
+[spdk_top](spdk_top.md#spdk_top) is a useful tool to observe the behavior of
+schedulers in different scenarios and workloads.
+
+### static [default]
+
+The `static` scheduler is the default scheduler and does no dynamic scheduling.
+Lightweight threads are distributed round-robin among reactors, respecting
+their requested cpu_mask, and then they are never moved. This is equivalent to
+the previous behavior of the SPDK event/application framework.
+
+### dynamic
+
+The `dynamic` scheduler is designed for power saving and reduction of CPU
+utilization, especially in cases where workloads show large variations over
+time.
+
+Active threads are distributed equally among reactors, taking cpu_mask into
+account. All idle threads are moved to the main core. Once an idle thread becomes
+active, it is redistributed again.
+
+When a reactor has no scheduled `spdk_thread`s it is switched into interrupt
+mode and stops actively polling. After enough threads become active, the
+reactor is switched back into poll mode and threads are assigned to it again.
+
+The main core can contain active threads only when their execution time does
+not exceed the sum of all idle threads. When no active threads are present on
+the main core, the frequency of that CPU core will decrease as the load
+decreases. All CPU cores corresponding to the other reactors remain at maximum
+frequency.