Optimization of Economic Load Dispatch Problem by Using Particle Swarm Optimization Technique-A Review

Ajay Nagar, Dhawal Sethi

Abstract: The economic load dispatch plays a crucial role in the operation of the power grid. The unit commitment or pre-dispatch is the first problem, to satisfy the expected load and supply a specified margin of operational reserve over a specified amount of your time and second side of economic dispatch is that the online economic dispatch, whereby it's needed to distribute the load amongst offered generating units paralleled with the system in such a way. In this practice to optimize the load dispatch at minimum cost there is to work is going on like Genetic algorithm, artificial bee colony, bat algorithm, lambda iteration etc. this paper used particle swarm optimization techniques to obtain the optimized solution of economic dispatch. In this paper, we study different cases to find the suitable solution for Economic load dispatch

Keywords: Economic load dispatch, Particle swarm optimization, Genetic algorithm, cost minimization, power system