Solution of Combined Economic Emission Dispatch Problem with Valve-Point Effect Using Hybrid NSGA II-MOPSO

This chapter formulates a multi-objective optimization problem to simultaneously mini- mize the objectives of fuel cost and emissions from the power plants to meet the power demand subject to linear and nonlinear system constraints. These conflicting objectives are formulated as a combined economic emission dispatch (CEED) problem. Various meta-heuristic optimization algorithms have been developed and successfully implemented to solve this complex, highly nonlinear, non-convex problem. To overcome the shortcomings of the evolutionary multi-objective algorithms like slow convergence to Pareto-optimal front, premature convergence, local trapping, it is very natural to think of integrating various algorithms to overcome the shortcomings. This chapter proposes a hybrid evolu- tionary multi-objective optimization framework using Non-Dominated Sorting Genetic Algorithm II and Multi-Objective Particle Swarm Optimization to solve the CEED prob- lem. The hybrid method along with the proposed constraint handling mechanism is able to balance the exploration and exploitation tasks. This hybrid method is tested on IEEE 30 bus system with quadratic cost function considering transmission loss and valve point effect. The Pareto front obtained using hybrid approach demonstrates that the approach converges to the true Pareto front, finds the diverse set of solutions along the Pareto front and confirms its potential to solve the CEED problem.