Design of information management model based on multiobjective optimization algorithm in intelligent electric financial system

The electric power infrastructure is the cornerstone of contemporary society’s sustenance and advancement. Within the intelligent electric power financial system, substantial inefficiency and waste in information management persist, leading to an escalating depletion of resources. Addressing diverse objectives encompassing economic, environmental, and societal concerns within the power system helps the study to undertake a comprehensive, integrated optimal design and operational scheduling based on a multiobjective optimization algorithm. This article centers on optimizing the power financial system by considering fuel cost, active network loss, and voltage quality as primary objectives. A mathematical model encapsulates these objectives, integrating equations and inequality constraints and subsequently introducing enhancements to the differential evolutionary algorithm. Adaptive variation and dynamic crossover factors within crossover, variation, and selection operations are integrated to optimize algorithm parameters, specifically catering to the multiobjective optimization of the electric power system. An adaptive grid method and cyclic crowding degree ensure population diversity and control the Pareto front distribution. They experimentally validated the approach and the comparisons conducted against AG-MOPSO, INSGA-II, and NSDE algorithms across standard test functions: ZDT1, ZDT2, ZDT3, and DTLZ4. The convergence evaluation indices for this study’s scheme on ZDT1 and ZDT2 are 0.000938 and 0.0034, respectively. Additionally, distribution evaluation indices on ZDT1, ZDT2, ZDT3, and ZDT4 stand at 0.0018, 0.0026, 0.0027, and 0.0009, respectively. These indices indicate a robust convergence and distribution, facilitating the optimization of electric power financial information management and the intelligent handling of the electric power financial system’s information, thereby enhancing the allocation of material and financial resources. © 2024 Hu et al. Distributed under Creative Commons CC-BY 4.0. All Rights Reserved.