WSEAS Transactions on Business and Economics
Print ISSN: 1109-9526, E-ISSN: 2224-2899
Volume 14, 2017
Weighting Factor Scenarios for Assessing the Financial Balance of Pollutant Productions and Fuel Consumptions on the Power System Operation
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Abstract: This paper presents an application of the novel evolutionary algorithm for assessing an economic power system operation throughout a combined economic and emission dispatch problem required by various technical limitations. Moreover, this problem considers pollutant production and fuel consumption problems for covering environmental protection and fuel usage aspects as a constrained objective function. Running out simulations show, minimum costs depend on various weighting factors implemented in the defined problem. Reducing the total fuel cost focused on the dispatching priority and the pollutant target based on the emission production have different implications as its contribution on the economic operation. The increased power demand leads to generated powers, costs and emission discharges associated with its parameters and schedules.
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Keywords: economic dispatch, emission dispatch, intelligent computation, load demand, weighting factors
Pages: 354-359
WSEAS Transactions on Business and Economics, ISSN / E-ISSN: 1109-9526 / 2224-2899, Volume 14, 2017, Art. #36