Ant lion optimizer (ALO) is a newly developed population-based search algorithm inspired by hunting mechanism of antlions and based on five steps of hunting the ants, i.e., the random walk of ants, building traps, entrapment of ants in traps, catching preys and re-building traps. This paper presents the application of ALO algorithm for the solution of non-convex and dynamic economic load dispatch problem of electric power system. The performance of ALO algorithm is tested for economic load dispatch problem of four IEEE benchmarks of small-scale power systems, and the results are verified by a comparative study with lambda iteration method, particle swarm optimization algorithm, genetic algorithm, artificial bee colony, evolutionary programming and Grey Wolf optimizer (GWO). Comparative results show that the performance of ant lion optimizer algorithm is better than recently developed GWO algorithm and other well-known heuristics and meta-heuristics search algorithms.