P. Ashok Kumar, M. Rajesh, B. Venkata Prasanth
Abstract: This paper discusses the possible applications of particle swarm optimization (PSO) in the Power system. One of the problems in Power System is Economic Load dispatch (ED). The discussion is carried out in view of the saving money, computational speed up and expandability that can be achieved by using PSO method. The general approach of the method of this paper is that of Dynamic Programming Method coupled with PSO method. The feasibility of the proposed method is demonstrated, and it is compared with the lambda iterative method in terms of the solution quality and computation efficiency. The experimental results show that the proposed PSO method was indeed capable of obtaining higher quality solutions efficiently in ED problems.
Keywords: Economic load dispatch, Particle Swarm Optimization, Dynamic Programming Method, Power Systems