Jagannath Paramguru1, Subrat Kumar Barik1, Ajit Kumar Barisal2, Gaurav Dhiman3, Rutvij H. Jhaveri4, Mohammed Alkahtani5,6, Mustufa Haider Abidi5,*
CMC-Computers, Materials & Continua, Vol.69, No.3, pp. 2863-2882, 2021, DOI:10.32604/cmc.2021.016002
Abstract Economic dispatch has a significant effect on optimal economical operation in the power systems in industrial revolution 4.0 in terms of considerable savings in revenue. Various non-linearity are added to make the fossil fuel-based power systems more practical. In order to achieve an accurate economical schedule, valve point loading effect, ramp rate constraints, and prohibited operating zones are being considered for realistic scenarios. In this paper, an improved, and modified version of conventional particle swarm optimization (PSO), called Oscillatory PSO (OPSO), is devised to provide a cheaper schedule with optimum cost. The conventional PSO is improved by deriving a mechanism… More >
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