Binary Particles Swarm Optimization for Power Plant Schedule by Considering "take or Pay" Contract

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Abstract

This study discuss 24-hours load scheduling to get the minimum generation cost. Fuel cost in load scheduling need to be considered, because fuel and power suppliers are bound by take or pay schedule. In addition load scheduling considering heat rate, start-up cost, minimum up time and minimum down time. Load scheduling calculate by priority list method that is completed using artificial intelligence, Binary Particle Swarm Optimization (BPSO). The data used in this study is IEEE 30 bus and Java-Bali 500 kV.

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Wati, T., Masfufiah, I., Suheta, T., Muharom, S., Setyawati, N. E., & Triwijaya, S. (2021). Binary Particles Swarm Optimization for Power Plant Schedule by Considering “take or Pay” Contract. In IOP Conference Series: Materials Science and Engineering (Vol. 1010). IOP Publishing Ltd. https://doi.org/10.1088/1757-899X/1010/1/012013

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