Solving Economic Dispatch Problem Based on Multi-mechanism Dream Optimization Algorithm
(Guangxi Vocational and Technical Institute of Industry, Nanning 530100, China)
Abstract
To address the problems of weak ability to escape from local optima and low solution accuracy existing in current algorithms when solving the Economic Dispatch Problem, this paper proposes a multi-mechanism Dream Optimization Algorithm. This algorithm enhances global exploration ability by introducing a differential mutation mechanism, improves local exploitation accuracy by adopting a Gaussian mutation mechanism, combines an improved memory forgetting and supplementation mechanism to further promote optimization performance, and realizes a dynamic balance between global and local search abilities by aid of a roulette wheel selection mechanism. The experimental results based on a 40-unit economic dispatch model indicate that compared with traditional optimization algorithms and other meta-heuristic algorithms, this algorithm shows significant improvement in escaping from local optima and convergence accuracy of the solution. The fuel cost of the obtained optimal solution is reduced by at least 2.16%, which verifies its effectiveness and engineering application value in the Economic Dispatch Problem.
Keywords
Economic Dispatch Problem; Dream Optimization Algorithm; Gaussian mutation; differential mutation; roulette wheel selection
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Funding
Research Foundation Ability Enhancement Project for Young and Middle aged Teachers in Guangxi Universities (2023KY1323)
About the authors
Meng Tuanxing (1995-), male, Zhuang nationality, from Nanning, Guangxi, lecturer, master's degree, research direction: optimization theory, machine learning.