A Novel Hybrid Moth Flame Optimization with Sequential Quadratic Programming Algorithm for Solving Economic Load Dispatch Problem
The insufficiency of energy resources, increased cost of generation and rising load demand necessitate optimized economic dispatch. The real world ED (Economic Dispatch) is highly non-convex, nonlinear and discontinuous problem with different equality and inequality constraints. In this research paper, a novel hybrid MFO-SQP (Moth Flame Optimization with Sequential Quadratic Programming) is proposed to solve the ED problem. The MFO is stochastic searching algorithm minimizes by random search and SQP is definite in nature that refines the local search in vicinity of local minima. Proposed technique has been implemented on 6, 15 and 40 units test system with different constraints like valve point loading effect, transmission loss, prohibited zones, generator capacity limits and power balance. Results, obtained from proposed technique are compared with those of the techniques reported in the literature, are proven better in terms of fuel cost and convergence.