A nested Genetic Algorithm for Generation Planning in Electricity Market

Author(s):  
Zhidong Wang ◽  
Jun Shu ◽  
Siwei Liu ◽  
Xiao Wang ◽  
Hua Zheng
Electricity ◽  
2021 ◽  
Vol 2 (2) ◽  
pp. 187-204
Author(s):  
Gian Giuseppe Soma

Nowadays, response to electricity consumption growth is mainly supported by efficiency; therefore, this is the new main goal in the development of electric distribution networks, which must fully comply with the system’s constraints. In recent decades, the issue of independent reactive power services, including the optimal placement of capacitors in the grid due to the restructuring of the electricity industry and the creation of a competitive electricity market, has received attention from related companies. In this context, a genetic algorithm is proposed for optimal planning of capacitor banks. A case study derived from a real network, considering the application of suitable daily profiles for loads and generators, to obtain a better representation of the electrical conditions, is discussed in the present paper. The results confirmed that some placement solutions can be obtained with a good compromise between costs and benefits; the adopted benefits are energy losses and power factor infringements, taking into account the network technical limits. The feasibility and effectiveness of the proposed algorithm for optimal placement and sizing of capacitor banks in distribution systems, with the definition of a suitable control pattern, have been proved.


2012 ◽  
Vol 2012 ◽  
pp. 1-8 ◽  
Author(s):  
K. Vijayakumar

Congestion management is one of the important functions performed by system operator in deregulated electricity market to ensure secure operation of transmission system. This paper proposes two effective methods for transmission congestion alleviation in deregulated power system. Congestion or overload in transmission networks is alleviated by rescheduling of generators and/or load shedding. The two objectives conflicting in nature (1) transmission line over load and (2) congestion cost are optimized in this paper. The multiobjective fuzzy evolutionary programming (FEP) and nondominated sorting genetic algorithm II methods are used to solve this problem. FEP uses the combined advantages of fuzzy and evolutionary programming (EP) techniques and gives better unique solution satisfying both objectives, whereas nondominated sorting genetic algorithm (NSGA) II gives a set of Pareto-optimal solutions. The methods propose an efficient and reliable algorithm for line overload alleviation due to critical line outages in a deregulated power markets. The quality and usefulness of the algorithm is tested on IEEE 30 bus system.


Energies ◽  
2020 ◽  
Vol 13 (11) ◽  
pp. 2873 ◽  
Author(s):  
Dinh Thanh Viet ◽  
Vo Van Phuong ◽  
Minh Quan Duong ◽  
Quoc Tuan Tran

As sources of conventional energy are alarmingly being depleted, leveraging renewable energy sources, especially wind power, has been increasingly important in the electricity market to meet growing global demands for energy. However, the uncertainty in weather factors can cause large errors in wind power forecasts, raising the cost of power reservation in the power system and significantly impacting ancillary services in the electricity market. In pursuance of a higher accuracy level in wind power forecasting, this paper proposes a double-optimization approach to developing a tool for forecasting wind power generation output in the short term, using two novel models that combine an artificial neural network with the particle swarm optimization algorithm and genetic algorithm. In these models, a first particle swarm optimization algorithm is used to adjust the neural network parameters to improve accuracy. Next, the genetic algorithm or another particle swarm optimization is applied to adjust the parameters of the first particle swarm optimization algorithm to enhance the accuracy of the forecasting results. The models were tested with actual data collected from the Tuy Phong wind power plant in Binh Thuan Province, Vietnam. The testing showed improved accuracy and that this model can be widely implemented at other wind farms.


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