Bio-inspired heuristics hybrid with sequential quadratic programming and interior-point methods for reliable treatment of economic load dispatch problem

In the present study, bio-inspired computational heuristics are exploited for finding the solution of economic load dispatch (ELD) problem with valve point loading effect using variants of genetic algorithm (GA) hybrid with sequential quadratic programming (SQP) and interior-point algorithms (IPAs). Variants of GAs are constructed using different sets of routines for its fundamental operators in order to explore the entire search space for global optimum solutions while SQP and IPA are integrated with GAs for rapid local convergence. Nine variants of each design scheme based on GAs, GA-SQP and GA-IPAs are applied on three different ELD problems of thermal power plant systems. Comparative studies of the proposed schemes are performed through the results of statistical performance indices in order to establish the worth and effectiveness in terms of accuracy, convergence and complexity measures.