The solution of the economic dispatch problem via an efficient Teaching-Learning-Based Optimization method

This paper is concerned with the economic generation dispatch problem. It is a well-known fact that practical aspects of power plant equipment, as well as the objectives to be met, may result in a nonconvex, nondifferentiable model that poses difficulties to conventional mathematical programming methods. This paper proposes the use of metaheuristic Teaching-Learning-Based Optimization to overcome such difficulties. This metaheuristic is well known for requiring a few parameters and, most importantly, it does not require the tuning of problem-dependent parameters. The algorithm proposed in this work is parameter-free; that is, the few parameters required by the Teaching-Learning-Based Optimization method are set automatically based on the power system’s data. In addition, the handling of constraints, such as generators’ prohibited zones and the generator-load-loss power balance, is performed in a very efficient way. Simulation results are shown for power systems containing 3 to 40 generation units, and the results provided by the proposed method are shown and discussed based on comparisons with other metaheuristics and a mathematical programming technique.