Abstract
This paper proposes a novel single objective optimization technique for economic dispatch (ED) in power grids. This new technique is developed based on firework algorithm (FWA) and is implemented in the IEEE 24 bus reliability test system. In this paper, the single-objective enhanced fireworks (EFWA) is developed to find the economic operating condition to minimize the generation cost. This method is a swarm intelligence algorithm that solves a single-objective optimization problem much faster than other well-known algorithms such as genetic algorithm (GA). The experimental results show that the proposed EFWA method is indeed capable of obtaining higher quality solutions efficiently in ED problems.
Highlights
A Novel Economic Dispatch in Power Grids Based on Enhanced Firework AlgorithmAbstract— This paper proposes a novel single objective optimization technique for economic dispatch (ED) in power grids
Optimization problems are one of the most important problems in power system planning and operation
This paper presents a new single objective optimization technique for performing economic dispatch in power networks
Summary
Abstract— This paper proposes a novel single objective optimization technique for economic dispatch (ED) in power grids. This new technique is developed based on firework algorithm (FWA) and is implemented in the IEEE 24 bus reliability test system. The single-objective enhanced fireworks (EFWA) is developed to find the economic operating condition to minimize the generation cost. This method is a swarm intelligence algorithm that solves a singleobjective optimization problem much faster than other wellknown algorithms such as genetic algorithm (GA).
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