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Joint economic and emission dispatch in energy markets: A multiobjective mathematical programming approach

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  • Vahidinasab, V.
  • Jadid, S.

Abstract

Economic load dispatch is the method of determining the most efficient, low-cost and reliable operation of a power system by dispatching the available electricity generation resources to supply the load on the system. Environmental concerns that arise due to the operation of fossil fuel fired electric generators, change the classical problem into multiobjective emission/economic dispatch (MEED) which is formulated as a constrained nonlinear multiobjective mathematical programming (MMP). The proposed MEED formulation includes emission minimization objective, AC load flow constraints and security constraints of the power system which usually are found simultaneously in real-world power systems. The proposed model has a more accurate evaluation of transmission losses obtained from the load flow equations. The MMP approach based on ɛ-constraint algorithm has been proposed for generating Pareto-optimal solutions of power systems MEED problem. Moreover, fuzzy decision making process is employed to extract one of the Pareto-optimal solutions as the best compromise nondominated solution. The proposed approach is simulated on the IEEE 30-bus six-generator test system and obtained results have been comprehensively compared with some of the most recently published research in the area (from the both aspects of precision and execution tome) which confirms the potential and effectiveness of the proposed approach.

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  • Vahidinasab, V. & Jadid, S., 2010. "Joint economic and emission dispatch in energy markets: A multiobjective mathematical programming approach," Energy, Elsevier, vol. 35(3), pages 1497-1504.
    • Handle: RePEc:eee:energy:v:35:y:2010:i:3:p:1497-1504
    DOI: 10.1016/j.energy.2009.12.007
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    1. Jonathan F. Bard, 1988. "Short-Term Scheduling of Thermal-Electric Generators Using Lagrangian Relaxation," Operations Research, INFORMS, vol. 36(5), pages 756-766, October.
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    1. Arul, R. & Velusami, S. & Ravi, G., 2015. "A new algorithm for combined dynamic economic emission dispatch with security constraints," Energy, Elsevier, vol. 79(C), pages 496-511.
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    3. Naz, Muhammad Naveed & Mushtaq, Muhammad Irfan & Naeem, Muhammad & Iqbal, Muhammad & Altaf, Muhammad Waseem & Haneef, Muhammad, 2017. "Multicriteria decision making for resource management in renewable energy assisted microgrids," Renewable and Sustainable Energy Reviews, Elsevier, vol. 71(C), pages 323-341.
    4. Soares, J. & Silva, M. & Sousa, T. & Vale, Z. & Morais, H., 2012. "Distributed energy resource short-term scheduling using Signaled Particle Swarm Optimization," Energy, Elsevier, vol. 42(1), pages 466-476.
    5. Secui, Dinu Calin, 2015. "The chaotic global best artificial bee colony algorithm for the multi-area economic/emission dispatch," Energy, Elsevier, vol. 93(P2), pages 2518-2545.
    6. de Athayde Costa e Silva, Marsil & Klein, Carlos Eduardo & Mariani, Viviana Cocco & dos Santos Coelho, Leandro, 2013. "Multiobjective scatter search approach with new combination scheme applied to solve environmental/economic dispatch problem," Energy, Elsevier, vol. 53(C), pages 14-21.
    7. Pourakbari-Kasmaei, Mahdi & Rider, Marcos J. & Mantovani, José R.S., 2014. "An unequivocal normalization-based paradigm to solve dynamic economic and emission active-reactive OPF (optimal power flow)," Energy, Elsevier, vol. 73(C), pages 554-566.
    8. Cui, Yunfei & Geng, Zhiqiang & Zhu, Qunxiong & Han, Yongming, 2017. "Review: Multi-objective optimization methods and application in energy saving," Energy, Elsevier, vol. 125(C), pages 681-704.
    9. Liao, Gwo-Ching, 2011. "A novel evolutionary algorithm for dynamic economic dispatch with energy saving and emission reduction in power system integrated wind power," Energy, Elsevier, vol. 36(2), pages 1018-1029.
    10. Rongxiang Yuan & Timing Li & Xiangtian Deng & Jun Ye, 2016. "Optimal Day-Ahead Scheduling of a Smart Distribution Grid Considering Reactive Power Capability of Distributed Generation," Energies, MDPI, vol. 9(5), pages 1-17, April.
    11. Özyön, Serdar & Temurtaş, Hasan & Durmuş, Burhanettin & Kuvat, Gültekin, 2012. "Charged system search algorithm for emission constrained economic power dispatch problem," Energy, Elsevier, vol. 46(1), pages 420-430.
    12. Bagherzade, Shima & Hooshmand, Rahmat-Allah & Firouzmakan, Pouya & Khodabakhshian, Amin & Gholipour, Mehdi, 2019. "Stochastic parking energy pricing strategies to promote competition arena in an intelligent parking," Energy, Elsevier, vol. 188(C).
    13. Azizipanah-Abarghooee, Rasoul & Niknam, Taher & Roosta, Alireza & Malekpour, Ahmad Reza & Zare, Mohsen, 2012. "Probabilistic multiobjective wind-thermal economic emission dispatch based on point estimated method," Energy, Elsevier, vol. 37(1), pages 322-335.
    14. Wang, Yongqiang & Zhou, Jianzhong & Mo, Li & Zhang, Rui & Zhang, Yongchuan, 2012. "Short-term hydrothermal generation scheduling using differential real-coded quantum-inspired evolutionary algorithm," Energy, Elsevier, vol. 44(1), pages 657-671.
    15. Niknam, Taher & Narimani, Mohammad rasoul & Jabbari, Masoud & Malekpour, Ahmad Reza, 2011. "A modified shuffle frog leaping algorithm for multi-objective optimal power flow," Energy, Elsevier, vol. 36(11), pages 6420-6432.
    16. Shi, Bin & Yan, Lie-Xiang & Wu, Wei, 2013. "Multi-objective optimization for combined heat and power economic dispatch with power transmission loss and emission reduction," Energy, Elsevier, vol. 56(C), pages 135-143.
    17. Falsafi, Hananeh & Zakariazadeh, Alireza & Jadid, Shahram, 2014. "The role of demand response in single and multi-objective wind-thermal generation scheduling: A stochastic programming," Energy, Elsevier, vol. 64(C), pages 853-867.
    18. Kim, M.K. & Park, J.K. & Nam, Y.W., 2011. "Market-clearing for pricing system security based on voltage stability criteria," Energy, Elsevier, vol. 36(2), pages 1255-1264.
    19. Doagou-Mojarrad, Hasan & Gharehpetian, G.B. & Rastegar, H. & Olamaei, Javad, 2013. "Optimal placement and sizing of DG (distributed generation) units in distribution networks by novel hybrid evolutionary algorithm," Energy, Elsevier, vol. 54(C), pages 129-138.
    20. Bahmani-Firouzi, Bahman & Farjah, Ebrahim & Azizipanah-Abarghooee, Rasoul, 2013. "An efficient scenario-based and fuzzy self-adaptive learning particle swarm optimization approach for dynamic economic emission dispatch considering load and wind power uncertainties," Energy, Elsevier, vol. 50(C), pages 232-244.
    21. Mar Vazquez-Noguerol & Jose Comesaña-Benavides & Raul Poler & J. Carlos Prado-Prado, 2022. "An optimisation approach for the e-grocery order picking and delivery problem," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 30(3), pages 961-990, September.
    22. SeyedGarmroudi, SeyedDavoud & Kayakutlu, Gulgun & Kayalica, M. Ozgur & Çolak, Üner, 2024. "Improved Pelican optimization algorithm for solving load dispatch problems," Energy, Elsevier, vol. 289(C).
    23. Glotić, Arnel & Glotić, Adnan & Kitak, Peter & Pihler, Jože & Tičar, Igor, 2014. "Optimization of hydro energy storage plants by using differential evolution algorithm," Energy, Elsevier, vol. 77(C), pages 97-107.
    24. Narimani, Mohammad Rasoul & Azizipanah-Abarghooee, Rasoul & Zoghdar-Moghadam-Shahrekohne, Behrouz & Gholami, Kayvan, 2013. "A novel approach to multi-objective optimal power flow by a new hybrid optimization algorithm considering generator constraints and multi-fuel type," Energy, Elsevier, vol. 49(C), pages 119-136.
    25. Yang, Wenqiang & Zhu, Xinxin & Xiao, Qinge & Yang, Zhile, 2023. "Enhanced multi-objective marine predator algorithm for dynamic economic-grid fluctuation dispatch with plug-in electric vehicles," Energy, Elsevier, vol. 282(C).

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