Optimal Dispatch of Generation with Valve Point Loading using Genetic Optimization Technique (original) (raw)

The economic dispatch of generation in power systems is one of the most important optimization problems for both the generating companies competing in a free electricity market and the systems operator in charge with a fair handling of transactions between electricity suppliers and their customers. The fuel cost component is still the major part of the variable cost of electricity generation, directly reflected in the electricity bills. This paper describes and introduces a solution to Economic dispatch problem with valve point loading using a nature-inspired algorithm, called Genetic algorithm. The Genetic Algorithm (GA) is a stochastic Meta heuristic approach based on the mechanics of natural selection and natural genetics. The aim is to minimize the generating unit’s combined fuel cost having quadratic cost characteristics subjected to limits on generator real power output & transmission losses. This paper presents an application of the GA to ED with valve point loading for diffe...