Recuperation based multi-objective generation expansion planning for a real-world power system

Abstract

This paper proposed a multi-objective-based Generation Expansion Planning (GEP) for the real-word power generation system of Tamil Nadu, an Indian state. GEP aims to solve numerous conflicting problems for constructing new power plants. The proposed approaches are Multi-Objective Comprehensive Learning Particle Swarm Optimization (MOCLPSO) and Circle Search algorithm. The key objectives of the proposed method is to reduce budget, to maximize reliability and to minimize the pollutant discharge. Therefore, the apt formulations are modeled and solved to establish the conflicting facets of GEP problem. This paper implements MOCLPSO algorithm to solve Multi-Objective GEP (MOGEP) problem for 7-year and 14-year planning horizon. By then, the proposed model is implemented at MATLAB/Simulink platform and the implementation is calculated. The proposed method shows better results in all approaches like Seagull Optimization Algorithm (SOA), Particle Swarm Optimization (PSO) and Cuckoo Search algorithm. The outcomes establish the competence of MOCLPSO and Circle Search Algorithm to offer good-ranged Pareto optimal non-dominated solutions.