A novel meta-heuristic optimization methodology for solving various types of economic dispatch problem

The increasing costs of fuel and operation of thermal power generating units warrant development of optimization methodologies for economic dispatch (ED) problems. Optimization methodologies that are based on meta-heuristic procedures could assist power generation policy analysts to achieve the goal of minimizing the generation costs. In this context, the objective of this study is to present a novel approach based on harmony search (HS) algorithm for solving ED problems, aiming to provide a practical alternative for conventional methods. To demonstrate the efficiency and applicability of the proposed method and for the purposes of comparison, various types of ED problems are examined. The results of this study show that the new proposed approach is able to find more economical loads than those determined by other methods.