The current generation portfolio is obligated to incorporate zero-emissions energy sources, predominantly wind and solar, due to the depletion of fossil fuels and the alarming rate of global warming. In the current scenario, power engineers must devise a compromised solution that not only advocates for the adoption of renewable energy sources (RES) but also efficiently schedules all conventional power generation units to balance the increasing load demand while simultaneously minimizing fuel costs and harmful emissions that are currently addressed by Unit Commitment (UC) and Combined Economic Emission Dispatch (CEED) problem solutions. However, the integration of renewable energy resources (RES) further complicates the UC-CEED problem due to their intermittent nature. Recently, metaheuristic algorithms are acquiring momentum in resolving constrained UC-CEED problems due to their improved global solution ability, adaptability, and derivative-free construction. In this research, a computationally efficient binary hybrid version of crow search algorithm and improvised grey wolf optimization is proposed, namely Crow Search Improved Binary Grey Wolf Optimization Algorithm (CS-BIGWO) by inclusion of nonlinear control parameter, weight-based position updating, and mutation approach. Statistical results on standard mathematical functions prove the supremacy of the proposed algorithm over conventional algorithms. Further, a novel optimization strategy is devised by integrating enhanced lambda iteration with the CS-BIGWO algorithm (CS-BIGWO-λ\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$\\lambda$$\\end{document}) to solve a day-ahead UC-CEED problem of the hybrid energy system incorporating cost functions of RES. For the model, a day-ahead forecast of wind power and solar photovoltaic power is obtained by using the Levy-Flight Chaotic Whale Optimization Algorithm optimized Extreme Learning Machines(LCWOA-ELM). The proposed algorithm is tested for the UC-CEED solution of an IEEE-39 bus system with two distinct cases: (1) without RES integration and (2) with RES integration. Several independent trial runs are executed, and the performance of the algorithms is assessed based on optimal UC schedules, fuel cost, emission quantization, convergence curve, and computational time. For case 1, the proposed algorithm resulted in a percentage reduction of 0.1021% in fuel cost and 0.7995% in emission. In contrast, for test case 2, it resulted in a percentage reduction of 0.12896% in fuel cost and 0.772% in emission with the proposed algorithm. The results validate the dominance of the proposed methodology over existing methods in terms of lower fuel costs and emissions.