A Cost Effective Solution to Dynamic Economic Load Dispatch Problem Using Improved Chimp Optimizer

Abstract

The electricity sector has encountered several economic challenges in recent years. Increasing the expense of fossil fuels and environmental legislation such as the Kyoto Protocol and the Low Carbon Transition Plan have compelled governments to use renewable energy sources (RESs) more widely. In the proposed research, the dynamic economic load dispatch problem has been solved using improved chimp optimizer algorithm. The test systems consisting of 6, 7 and 10-unit generators has been taken into consideration along with significant contribution of renewable energy sources for effective research studies. The test systems has been evaluated for different cases considering renewable energy sources and electric vehicles using proposed algorithms. Experimentally, it has been observed that proposed optimizer yields better results as compared to other recently proposed optimizers.