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Maximizing Total Profit of Thermal Generation Units in Competitive Electric Market by Using a Proposed Particle Swarm Optimization
2020
Sustainability
In the paper, a proposed particle swarm optimization (PPSO) is implemented for dealing with an economic load dispatch (ELD) problem considering the competitive electric market. The main task of the problem is to determine optimal power generation and optimal reserve generation of available thermal generation units so that total profit of all the units is maximized. In addition, constraints, such as generation limit and reserve limit of each unit, power demand and reserve demand, must be exactly
doi:10.3390/su12031265
fatcat:udq73eirxzeg5k5sd2re5ti7um