Title :
Profit based unit commitment using Gbest Artificial Bee Colony algorithm
Author :
Govardhan, Manisha ; Roy, Ranjit
Author_Institution :
Dept. of Electr. Eng., S.V. Nat. Inst. of Technol., Surat, India
Abstract :
Due to deregulation of power industries, generation companies strive to attain maximum profit without any compulsion of satisfying consumer´s demand. For generation companies, unit commitment is an optimizing task of scheduling units to acquire maximum profit with minimum operation cost. This paper proposes Gbest Artificial Bee Colony algorithm to solve profit based unit commitment (PBUC). The competence of proposed algorithm is endorsed on IEEE 26 unit test system. The simulation results confirm that PBUC has drawn more profit compared to traditional unit commitment.
Keywords :
customer satisfaction; electricity supply industry deregulation; optimisation; power generation economics; power generation scheduling; Gbest artificial bee colony algorithm; IEEE 26 unit test system; PBUC; consumer demand satisfaction; generation companies; maximum profit acquisition; minimum operation cost; power industry deregulation; profit based unit commitment; scheduling units; Electricity; Silicon carbide; Sociology; Statistics; Time factors; Water; Gbest artificial bee colony algorithm (GABC); Generation scheduling; Profit based unit commitment (PBUC); Unit commitment (UC);
Conference_Titel :
Electric Power and Energy Conversion Systems (EPECS), 2013 3rd International Conference on
Conference_Location :
Istanbul
Print_ISBN :
978-1-4799-0687-1
DOI :
10.1109/EPECS.2013.6713016
