Abstract
Economic load dispatch is an important energy planning process. In order to maximize profit, proper analysis must be conducted by the utilities to reduce the operating cost. It includes the correct selection of fuel type with respect to the required output level as different fuel type will have different price signals. Usually, a piecewise quadratic function is used to represent the multiple fuel options. In this paper, fuzzy-based technique is proposed to select the suitable fuel type. The tests involve IEEE 57-Bus system with 7 generators. The economic load dispatch with a multi-fuel problem is also optimized by using DEIANT algorithms to compute the feasible operating cost and minimizing the power loss.
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