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The ever-stringent environmental regulations force power producers to produce electricity at the cheapest price and with minimum pollutant emission levels. The electrical power generation from fossil fuel releases several contaminants into the air, and this becomes excrescent if the generating unit is fed by multiple fuel sources (MFSs). Inclusion of this issue in operational tasks is a welcome perspective. This paper aims to develop a multi-objective model comprising total fuel cost and pollutant emission.

The cost-effective and environmentally responsive power system operations in the presence of MFSs can be recognised as a multi-objective constrained optimisation problem with conflicting operational objectives. The complexity of the problem requires a suitable optimisation tool. Ant lion algorithm (ALA), the most recent nature-inspired algorithm, was used as the main optimisation tool because of its salient characteristics. The fuzzy decision-making mechanism has been integrated to determine the best compromised solution in the multi-objective framework.

This paper is the first to propose a more precise and practical operational model for studying a multi-fuel power dispatch scenario considering valve-point effects and CO₂ emission. The modern meta-heuristic algorithm ALA is applied for the first time to address the economic operation of thermal power systems with multiple fuel options.

Power companies aim to make profit by abiding by the norms of the regulatory board. To achieve economic benefits, the power system must be analysed using an accurate operational model. The proposed model integrates total fuel cost, valve-point loadings and CO₂ emission, which are prevailing power system operational objectives. The economic advantages of the operational model can be observed through economic deviation indices, and the performed analysis validates that the developed model corresponds to the actual power operation.

The realistic operational model is proposed by considering total fuel and pollutant emission, and the ALA is applied for the first time to address the proposed multi-objective problem. To validate the effectiveness of ALA, it is implemented in standard test systems with varying generating units (10-100) and the IEEE 30 bus system, and various kinds of power system operations are performed. Moreover, the comparison and performance analysis confirm that the current proposal is found enhanced in terms of solution quality.

This study aims to present a novel optimization technique to solve the combined economic emission dispatch (CEED) problem considering transmission losses, valve-point loading effects, ramp rate limits and prohibited operating zones. This is one of the most complex optimization problems concerning power systems.

The proposed algorithm has been called advanced particle swarm optimization (APSO) and was created by applying several innovative modifications to the classic PSO algorithm. APSO performance was tested on four test systems having 14, 40, 54 and 120 generators.

The suggested modifications have improved the accuracy, convergence rate, robustness and effectiveness of the algorithm, which has produced high-quality solutions for the CEED problem.

The results obtained by APSO were compared with those of several other techniques, and the effectiveness and superiority of the proposed algorithm was demonstrated. Also, because of its superlative characteristics, APSO can be applied to many other engineering optimization problems. Moreover, the suggested modifications can be easily used in other population-based optimization algorithms to improve their performance.

The combined heat and power dispatch (CHPD) aims to optimize the outputs of online units in a power plant consisting thermal generators, co-generators and heat-only units. Identifying the operating point of a co-generator within its feasible operating region (FOR) is difficult. This paper aims to solve the CHPD problem in static and dynamic environments.

The CHPD plant operation is formulated as an optimization problem under static and dynamic load conditions with the objectives of minimizations of cost and emissions subject to various system and operational constraints. A novel bio-inspired search technique, grey wolf optimization (GWO) algorithm is used as an optimization tool.

The GWO-based algorithm has been developed to determine the preeminent power and heat dispatch of operating units within the FOR region. The proposed methodology provides fuel cost savings and lesser pollutant emissions than those in earlier reports. Particularly, the GWO always keeps the co-generator’s operating point within the FOR, whereas most of the existing methods fail.

The GWO is applied for the first time to solve the CHPD problems. New dispatch schedules are reported for 7-unit system with the objectives of total fuel cost and emission minimizations, 24-unit system for economic operation and 11-unit system in dynamic environment. The simulation experiments reveal that GWO converges quickly, consistent and the statistical performance clears its applicability to CHPD problems.

The purpose of this paper is to focus on the cost-effective and environmentally sustainable operation of thermal power systems to allocate optimum active power generation resultant for a feasible solution in diverse load patterns using the grey wolf optimization (GWO) algorithm.

The economic dispatch problem is formulated as a bi-objective optimization subjected to several operational and practical constraints. A normalized price penalty factor approach is used to convert these objectives into a single one. The GWO algorithm is adopted as an optimization tool in which the exploration and exploitation process in search space is carried through encircling, hunting and attacking.

A linear interpolated price penalty model is developed based on simple analytical geometry equations that perfectly blend two non-commensurable objectives. The desired GWO algorithm reports a new optimum thermal generation schedule for a feasible solution for different operational strategies. These are better than the earlier reports regarding solution quality.

The proposed method seems to be a promising optimization tool for the utilities, thereby modifying their operating strategies to generate electricity at minimum energy cost and pollution levels. Thus, a strategic balance is derived among economic development, energy cost and environmental sustainability.

A single optimization tool is used in both quadratic and non-convex cost characteristics thermal modal. The GWO algorithm has discovered the best, cost-effective and environmentally sustainable generation dispatch.

Economic load dispatch (ELD) is one of the crucial optimization problems in power system planning and operation. The ELD problem with valve point loading (VPL) and multi-fuel options (MFO) is defined as a non-smooth and non-convex optimization problem with equality and inequality constraints, which obliges an efficient heuristic strategy to be addressed. The purpose of this study is to present a new and powerful heuristic optimization technique (HOT) named as squirrel search algorithm (SSA) to solve non-convex ELD problems of large-scale power plants.

The suggested SSA approach is aimed to minimize the total fuel cost consumption of power plant considering their generation values as decision variables while satisfying the problem constraints. It confers a solution to the ELD issue by anchoring with foraging behavior of squirrels based on the dynamic jumping and gliding strategies. Furthermore, a heuristic approach and selection rules are used in SSA to handle the constraints appropriately.

Empirical results authenticate the superior performance of SSA technique by validating on four different large-scale systems. Comparing SSA with other HOTs, numerical results depict its proficiencies with high-qualitative solution and by its excellent computational efficiency to solve the ELD problems with non-smooth fuel cost function addressing the VPL and MFO. Moreover, the non-parametric tests prove the robustness and efficacy of the suggested SSA and demonstrate that it can be used as a competent optimizer for solving the real-world large-scale non-convex ELD problems.

This study has compared various HOTs to determine optimal generation scheduling for large-scale ELD problems. Consequently, its comparative analysis will be beneficial to power engineers for accurate generation planning.

To the best of the authors’ knowledge, this manuscript is the first research work of using SSA approach for solving ELD problems. Consequently, the solution to this problem configures the key contribution of this paper.

The aim of this paper is to compare the performance of static VAR compensator (SVC) and unified power flow controller (UPFC) in dynamic economic dispatch (DED) problem. DED schedules the online generator outputs with the predicted load demands over a certain period so that the electric power system is operated most economically. During last decade, flexible alternating current transmission systems (FACTS) devices are broadly used for maximizing the loadability of existing power system transmission networks. However, based on the literature survey, the performance of SVC and UPFC incorporated in the DED problem and its cost–benefit analysis are not discussed earlier in any of the literature.

Here, the DED problem is solved applying ABC algorithm incorporating SVC and UPFC. The following conditions are investigated with the incorporation of SVC and UPFC into DED problem: the role of SVC and UPFC for improving the power flow and voltage profile and the approximate analysis on cost recovery and payback period with SVC and UPFC in DED problem.

The incorporation of FACTS devices reduces the generation cost and improves the stability of the system. The percentage cost recovered with FACTS devices is estimated approximately using equated monthly installment (EMI) and non-EMI scheme. It is clear from the illustrations that the installation of FACTS devices is profitable after a certain period.

In this research work, the generation cost with FACTS devices is only taken into account while calculating the profit. The other benefits like congestion management, cost gained due to land and cost due to stability issues are not considered. For future work, these things can be considered while calculating the benefit.

The originality of the work is incorporation of FACTS devices in DED problem and approximate estimation of recovery cost with FACTS devices in DED problem.

Dynamic economic and emission dispatch (DEED) aims to optimally set the active power generation with constraints in a power system, which should target minimum operation cost and at the same time minimize the pollution in terms of emission when the load dynamically changes hour to hour. The purpose of this study is to achieve optimal economic and emission dispatch of an electrical system with a renewable generation mix, consisting of 3-unit thermal, 2-unit wind and 2-unit solar generators for dynamic load variation in a day. An improved version of a simple, easy to understand and popular optimization algorithm particle swarm optimization (PSO) referred to as a constriction factor-based particle swarm optimization (CFBPSO) algorithm is deployed to get optimal solution as compared to PSO, modified PSO and red deer algorithm (RDA).

Different model with and without wind and solar power generating systems; with valve point effect is analyzed. The thermal generating system (TGs) are the major green house gaseous emission producers on earth. To take up this ecological issue in addition to economic operation cost, the wind and solar energy sources are integrated with the thermal system in a phased manner for electrical power generation and optimized for dynamic load variation. This DEED being a multi-objective optimization (MO) has contradictory objectives of fuel cost and emission. To get the finest combination of the two objectives and to get a non-dominated solution the fuzzy decision-making (FDM) method is used herein, the MO problem is solved by a single objective function, including min-max price penalty factor on emission in the total cost to treat as cost. Further, the weight factor accumulation (WFA) technique normalizes the pair of objectives into a single objective by giving each objective a weightage. The weightage is decided by the FDM approach in a systematic manner from a set of non-dominated solutions. Here, the CFBPSO algorithm is applied to lessen the total generation cost and emission of the thermal power meeting the load dynamically.

The efficacy of the contribution of stochastic wind and solar power generation with the TGs in the dropping of net fuel cost and emission in a day for dynamic load vis-à-vis the case with TGs is established.

Cost and emission are conflicting objectives and can be handled carefully by weight factors and penalty factors to find out the best solution.

The proposed methodology and its strategy are very useful for thermal power plants incorporating diverse sources of generations. As the execution time is very less, practical implementation can be possible.

As the cheaper generation schedule is obtained with respect to time, cost and emission are minimized, a huge revenue can be saved over the passage of time, and therefore it has a societal impact.

In this work, the WFA with the FDM method is used to facilitate CFBPSO to decipher this DEED multi-objective problem. The results reveal the competence of the projected proposal to satisfy the dynamic load demand and to diminish the combined cost in contrast to the PSO algorithm, modified PSO algorithm and a newly developed meta-heuristic algorithm RDA in a similar system.

The purpose of the paper is to solve hydrothermal scheduling (HTS) problem for energy-efficient management by allocating the optimal real power outputs for thermal and hydroelectric generators.

HTS can be formulated as a complex and non-linear optimization problem which minimizes the total fuel cost and emissions of thermal generators subject to various physical and operational constraints. As the artificial bee colony algorithm has proven its ability to solve various engineering optimization problems, it has been used as a main optimization tool to solve the fixed-head HTS problem.

A meta-heuristic search technique-based algorithm has been implemented for hydrothermal energy management, and the simulation results show that this approach can provide trade-off between conflict objectives and keep a rapid convergence speed.

The proposed methodology is implemented on the standard test system, and the numerical results comparison indicates a considerable saving in total fuel cost and reduction in emission.

The purpose of this paper is to deal with the economic requirements of power system loading dispatch and reduce the fuel cost of generation units. In order to optimize the scheduling of power load, an improved chicken swarm optimization (ICSO) is proposed to be adopted, for solving economic load dispatch (ELD) problem.

The ICSO increased the self-foraging factor to the chicks whose activities were the highest. And the evolutionary operations of chicks capturing the rooster food were increased. Therefore, these helped the ICSO to jump out of the local extreme traps and obtain the global optimal solution. In this study, the generation capacity of the generation unit is regarded as a variable, and the fuel cost is regarded as the objective function. The particle swarm optimization (PSO), chicken swarm optimization (CSO), and ICSO were used to optimize the fuel cost of three different test systems.

The result showed that the convergence speed, global search ability, and total fuel cost of the ICSO were better than those of PSO and CSO under different test systems. The non-linearity of the input and output of the generating unit satisfied the equality constraints; the average ratio of the optimal solution obtained by PSO, CSO, and ICSO was 1:0.999994:0.999988. The result also presented the equality and inequality constraints; the average ratio of the optimal solution was 1:0.997200:0.996033. The third test system took the non-linearity of the input and output of the generating unit that satisfied both equality and inequality constraints; the average ratio was 1:0.995968:0.993564.

This study realizes the whole fuel cost minimization in which various types of intelligent algorithms have been applied to the field of load economic scheduling. With the continuous evolution of intelligent algorithms, they save a lot of fuel cost for the ELD problem.

The ICSO is applied to solve the ELD problem. The quality of the optimal solution and the convergence speed of ICSO are better than that of CSO and PSO. Compared with PSO and CSO, ICSO can dispatch the generator more reasonably, thus saving the fuel cost. This will help the power sector to achieve greater economic benefits. Hence, the ICSO has good performance and significant effectiveness in solving the ELD problem.

This study aims to solve optimal pricing and power bidding strategy problem for integrated combined heat and power (CHP) system by using a modified heuristic optimization algorithm.

In electricity markets, generation companies compete according to their bidding parameters; therefore, optimal pricing and bidding strategy are solved. Recently, CHP units are significantly operated by generation companies to meet power and heat, simultaneously.

For validation, it is shown that profit is improved by 0.04%–48.02% for single and 0.02%–31.30% for double-sided auctions. As heat price curve is extracted, the simulation results show that when CHP system is integrated with other units results in profit increase and emission decrease by 3.04%–3.18% and 2.23%–4.13%, respectively. Also, CHP units significantly affect bidding parameters.

The novelties are pricing and bidding strategy of integrated CHP system is solved; local heat selling is considered in pricing and bidding strategy problem and heat price curve is extracted; the effects of CHP utilization on bidding parameters are investigated; a modified heuristic and deterministic optimization algorithm is presented.