Chapter 4 - Implementation of Radial Movement Optimization (RMO) Algorithm for Solving Economic Dispatch and Fixed Head Hydrothermal Generation Scheduling

Abstract

The global modern power system has grown in complexity due to interconnection and increased power demand. The focus has shifted towards the enhanced performance, increased customer focus, low cost, reliability, and clean power. In this changed perspective, scarcity of energy resources, increasing power generation cost, and environmental concerns necessitates optimal economic dispatch in a power system. In reality, power stations are neither at equal distances from load nor have similar fuel cost functions. To provide cheaper power, load has to be distributed among the various power stations in a way which results in lowest cost of generation. Practical economic dispatch (ED) problems have highly nonlinear objective function with equality and inequality constraints.