According to no free lunch (NFL) theorem, a metaheuristic optimization method is superior to other metaheuristic optimization methods when it has focused on specific class of optimization problems. Thus, this paper focuses on developing artificial cooperative search (ACS) optimization algorithm to solve economic dispatch (ED) problems more precisely with less complexity than other metaheuristic optimization methods. ACS is a recently developed two population search algorithm based on coevolution process with high probability of finding optimal solution in complex and non-convex optimization problems. This merit is provided by balancing exploration of the problem's search space and exploitation of better results through use of two advanced evolutionary operators and only one control parameter. The constraint handling strategy of the proposed method for solving economic power load dispatch problems is to generate and work with feasible solutions along all the optimization iterations without any mismatch between the total amount of electric power generation and electricity demand plus network transmission loss. Unlike the penalty method, this strategy is unaffected by parameter setting of applied optimization method that complicates its applicability for solving economic power load dispatch problems. The feasibility of ACS for solving ED problem is tested on different lossy non-convex test systems of various sizes and complexities. The practical aspects such as satisfaction of power demand constraint, generation limits of generators and value-point loading effect are undertaken to solve ED problem in medium to relatively large-scale electric power systems. Obtained results confirm the ACS's capability in converging to a better solution highly robust within the reasonable computational time in all independent trials; all these as compared with other optimization algorithms reported in the literature for solving lossy non-convex ED problems. The results are analyzed statistically in terms of solution quality and computational efficiency. The statistical analyses reveal that ACS is a potential method to solve economic power load dispatch problems as it provides higher quality solution in comparison with other optimization algorithms.