Abstract
Increasing power demand day by day is the primary concern for power system practitioners and researchers. Generating a large amount of power through thermal power plants is neither economical nor environmentally friendly. The cost of fuel (Coal) is growing gradually as the coal reserves are depleting exponentially. Moreover, the government is imposing strict environmental guidelines on power-generating utilities. All these circumstances restrict the generation of electricity through fossil fuel-based plants. It is of most importance to develop for an alternative to fulfill consumers’ economic and clean energy demand. Based on it, this paper explains minimization fuel cost along with emission, power loss and voltage deviation. Modified competitive swarm optimization (MCSO) algorithm is used to determine optimization. The results obtained from the modified competitive swarm optimization algorithm are compared with the competitive swarm optimization (CSO) algorithm and successive history-based adaptive differential evolution (SHADE-SF) algorithm to verify the efficiency of modified competitive swarm optimization. The work is executed on a standard IEEE 30 bus system, and MATLAB is used as a simulation platform.
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