Application of particle swarm optimization on economic power dispatch

This thesis is about the application of Particle Swarm Optimization (PSO) on economic power dispatch. The purpose is to understand the concept of economic power dispatch and formulate the concept of economic power dispatch into optimization problem. In this thesis, Particle Swarm Optimization (PSO) is used as method of optimization for economic power dispatch. The power system will consider three-generators with threebus in terms of real power and assumption is made for power system as thermal plant with lossless on transmission lines. MATLAB will be used as software tool for analyze and solving the economic power dispatch problem. The result indicates the applicability of the proposed method on economic dispatch of power system.