Abstract
This chapter introduces various evolutionary algorithms, namely grey wolf optimization (GWO), teaching-learning-based optimization (TLBO), biogeography-based optimization (BBO), krill herd algorithm (KHA), chemical reaction optimization (CRO) algorithms, for solving the economic load dispatch (ELD) problem of various power systems. To demonstrate the superiority of the proposed approaches in solving non-convex, non-linear and constrained ELD problem, the aforesaid approaches are implemented on 10-unit, 15-unit, 40-unit, 80-unit, and 140-unit test systems. It is observed from the simulation results that HCRO exhibits significantly better performance in terms of solution quality and convergence speed for all the cases compared to other discussed algorithms. Furthermore, the statistical results confirm the robustness of the proposed HCRO algorithm.
TopIntroduction
Economic load dispatch (ELD) (Lokeshgupta & Sivasubramani 2018) is one of the most important tasks to be performed in the operation and planning of a power system that decides the generation schedule of generating units with an objective of minimizing the total fuel cost. During the last decades, the electrical power market became more and more liberal and highly competitive. The main objective of ELD is to optimize the operation cost while fulfill the load demands of customers. The economic operation of the generating systems has always occupied an important position in the electric power industry. ELD is defined as the process of allocating generation levels to the generating units in such a manner so that the system load is supplied entirely and most economically. A good load dispatch reduces the production cost, increases the system reliability, and maximizes the energy capability of thermal units. But, for practical purposes, it is necessary to go for alternate sources of energy. The fuel cost characteristics of modern generating units are highly nonlinear with demand for solution techniques having no restrictions on to the shape of the fuel cost curves. The purpose of this work is to present a solution strategy to solve ELD problem in an efficient way while considering several aspects of ELD. From the viewpoint of these perspectives, numerous investigations have been undertaken and, time-to-time, reported in the literature. In essence, it is a complex non-linear optimization problem with a mixture of linear and non-linear constraints.