Abstract

In this paper, the dynamic economic emission dispatch problem in electric power system is formulated as a multi-objective optimization problem in a smart grid perspective. Accordingly, two additional subproblems are included in the dynamic economic emission dispatch formulation. Firstly, the wind power generation is penetrated into the system such that the uncertain power varies between a predicted upper and lower bounds. Secondly, a demand response program is implemented at the customer end, to modify the consumption pattern of electricity according to different electricity prices at valley, peak and off-peak periods. A two-level optimization is proposed to determine the optimal schedule of generating units such that the upper level solves for the minimization of cost and emission, whereas the lower level minimizes the wind power output interval reduction. An enhanced multi-objective crisscross optimization using non-dominated sorting approach is proposed as main optimizer to solve upper-level problem, and a linear programming is adopted to solve the lower-level problem. A 10-unit system is taken as a case study for demonstration, and the result shows the effectiveness of proposed formulation in terms of minimizing cost and emission.

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