AEFA Based Optimal Dynamic Economic Load Dispatch Problem Considering Penetration of Renewable Energy Systems

Abstract

In power system, maintaining the load generation balance is critical. This paper proposes an artificial electric field algorithm (AEFA) for dynamic economic load dispatch (DELD) in a power system with security constraints, taking into account renewable energy sources (RES).. The RES penetration and total savings are examined considering variation of underestimation and overestimation costs associated with RES. Further, the impact of increased RES penetration on thermal fuel and overall costs has been studied. The AEFA algorithm performs better than PSO and DE, in terms of performance. The result reveals that when RES penetration rises savings as well as net cost of RES rises. Numerically, at 65% penetration of RES, a savings of 28.19% is achieved in the generator fuel cost and the RES penetration leads to a reduction in the thermal unit’s fuel cost.