The Application of Multi-Objective Particle Swarm Optimization in Economic Dispatch of Power System
Economic dispatch (ED) is a typical power system operation optimization problem. But it has non-smooth cost functions with equality and inequality constraints that make the problem of finding the global optimum difficult. According to the characteristics of economic dispatch problem, a improved algorithm based on particle swarm optimization for solving economic dispatch strategy is researched in this paper. Multi-objective economic\environmental dispatch demands that the pollutant emission of power plants should reach minimum while the condition of least generation cost should be satisfied. According to this demand, this multi-objective problem is solved by improved particle swarm optimization (PSO) algorithm. Using particle position and speed of change in the familiar update, the multi-objective particle swarm algorithm based on test function of this algorithm, and the simulation results of simulation optimization. The effectiveness of the proposed algorithm is verified by Simulation.