Abstract
Economic load dispatch should be given special care even when the primary responsibility of any demand response model is to provide a consistent supply to the load. Demand can be satisfied by the utility grid as well as self-sustaining user sources. If a user generates excess power after meeting demand, the user can pool it and transfer it to the grid or neighboring consumers. This is referred to as the prosumer model, in which the user serves as both a producer and a consumer. Furthermore, some of the surplus power may be stored in energy storage devices. A sophisticated mathematical model is required to estimate how much power should be generated, pooled, pulled from the grid, gathered from close users, supplied to nearby customers, and so on. This paper tries to present a smart economic load dispatch model for a demand response system that combines a multithreaded swarm model with a reward-based reinforcement system to assure optimal source selection and power flow management. To identify the optimum cost-effective power sharing model among a user, the grid, and neighboring users, the system uses particle swarm optimization (PSO) and artificial bee colony (ABC) optimization. Both models have benefits and drawbacks, and not all models work well with all data input. Using two models at the same time consumes a significant amount of time and computational power. As a consequence, for each data input, an upper bound confidante (UBC) model is used in parallel to select the best economical swarm model based on a semisupervised reinforcement model. A weighted Boruvka’s algorithm based on transmission line cost and transmission loss is being used to construct an optimum economic power sharing model, which is backed by swarm models. The efficiency of each model is evaluated using the same data for both models, and error analysis is performed. It was discovered that each model performs differently for various data, and creating a reinforced multithreaded model helps to increase accuracy, reduce computing time, and improve efficiency.
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