Abstract
In recent years, various heuristic optimization methods have been proposed to solve economic dispatch (ED) problem in power systems. This paper presents the well-known power system ED problem solution considering valve-point effect by a new optimization algorithm called artificial bee colony (ABC). The proposed approach has been applied to various test systems with incremental fuel cost function, taking into account the valve-point effects. The results show that the proposed approach is efficient and robust when compared with other optimization algorithms reported in literature.
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