Dynamic economic dispatch with demand-side management incorporating renewable energy sources and pumped hydroelectric energy storage

This paper recommends chaotic fast convergence evolutionary programming (CFCEP) for solving real-world dynamic economic dispatch (DED) with demand-side management (DSM) incorporating renewable energy sources and pumped-storage hydroelectric unit. Here, solar–wind–thermal energy system has been considered taking into account pumped-storage hydroelectric unit and uncertainty of solar and wind energy sources. DSM programs reduce cost and boost up power system security. To investigate the upshot of DSM, the DED problem is solved with and without DSM. In the recommended technique, chaotic sequences have been applied for acquiring the dynamic scaling factor setting in FCEP. The efficiency of the recommended technique is revealed on two test systems. Simulation outcomes of the suggested technique have been matched against those acquired by fast convergence evolutionary programming (FCEP), colonial competitive differential evolution and heterogeneous strategy particle swarm optimization. It has been observed from the comparison that the recommended CFCEP technique has the ability to give better-quality solution.