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Optimizing dynamic economic dispatch through an enhanced Cheetah-inspired algorithm for integrated renewable energy
Karthik Nagarajan1, Arul Rajagopalan2, Mohit Bajaj3,4,5,6
1Department of Electrical and Electronics Engineering, Hindustan Institute of Technology and Science, Chennai, Tamil Nadu, India.
The Enhanced Cheetah Optimizer Algorithm (ECOA) effectively reduces operational costs in dynamic economic dispatch (DED) by integrating renewable energy and demand-side management (DSM). ECOA demonstrates superior performance compared to existing algorithms, enhancing power system economic efficiency.
Area of Science:
- Electrical Engineering
- Optimization Algorithms
- Power Systems
Background:
- Dynamic Economic Dispatch (DED) is complex due to integrating renewable energy sources (solar, wind), pumped-storage hydroelectric units, and demand-side management (DSM).
- Existing optimization algorithms may not fully address the multi-objective nature and dynamic complexities of modern power systems.
- The variability of non-conventional energy sources necessitates advanced management strategies for grid stability and economic efficiency.
Purpose of the Study:
- To introduce the Enhanced Cheetah Optimizer Algorithm (ECOA) for solving the DED problem.
- To evaluate the impact of Demand-Side Management (DSM) on operational costs and power system efficiency.
- To assess ECOA's performance against established algorithms like COA and Grey Wolf Optimizer.
Main Methods:
- Development and implementation of the Enhanced Cheetah Optimizer Algorithm (ECOA).
- Integration of solar, wind, and thermal energy sources with pumped-storage hydroelectric units.
- Simulation and analysis of the DED problem with and without DSM implementation on two test systems.
Main Results:
- ECOA achieved operational cost savings of 0.24% (10-unit system) and 0.43% (20-unit system) with DSM.
- The algorithm demonstrated superior performance and cost reduction compared to COA and Grey Wolf Optimizer.
- DSM implementation was shown to significantly minimize costs and enhance economic efficiency.
Conclusions:
- ECOA is a reliable and adaptable algorithm for multi-objective energy management in microgrids, especially with demand response.
- The algorithm can effectively solve multi-objective dynamic optimal power flow problems with integrated renewable energy and electric vehicles.
- DSM plays a crucial role in improving the economic efficiency of power systems through cost reduction.
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