Solving Economic Dispatch Problems Using Particle Swarm Optimization Algorithm

Resource Overview

Implementation of Particle Swarm Optimization for Economic Dispatch Problem with Code-Oriented Approach

Detailed Documentation

Particle Swarm Optimization (PSO) is a population-based intelligent optimization algorithm that mimics bird flock foraging behavior to search for optimal solutions. In economic dispatch problems, PSO effectively optimizes generator output allocation to minimize total fuel costs and power grid losses. The algorithm implementation typically involves initializing particle positions representing generator output combinations and iteratively updating velocities based on personal and global best positions. The core objective of economic dispatch is to determine the optimal generator output combination that minimizes fuel costs while satisfying power system constraints such as power balance equations and generator output limits. Traditional mathematical optimization methods may face computational complexity in high-dimensional nonlinear problems, whereas PSO provides a more efficient stochastic search mechanism. Code implementation often includes constraint handling through penalty functions or repair mechanisms to ensure feasible solutions. PSO algorithm initializes a population of particles (potential solutions) to explore the search space. Each particle adjusts its velocity and position based on its historical best position (pBest) and the swarm's global best position (gBest). In economic dispatch applications, particle positions encode generator output distributions, while the fitness function evaluates the weighted sum of fuel costs and network losses. Key programming components include velocity update equations using inertia weights and acceleration coefficients. Compared to conventional methods, PSO demonstrates parallel search capabilities that enable faster convergence to global or near-global optimum solutions. The algorithm flexibly accommodates various constraints including generator ramp rate limits and prohibited operating zones through adaptive constraint-handling techniques. Implementation advantages include robustness in handling non-convex cost functions and discontinuous operating regions. To enhance solution precision, improved PSO variants incorporate dynamic inertia weight adjustment and local optima avoidance strategies such as turbulence factors or hybrid approaches with local search. These enhancements maintain optimization efficiency in complex economic dispatch scenarios involving multiple generators and transmission constraints. Code optimization techniques may include parallel computing implementation for large-scale systems and adaptive parameter tuning mechanisms.