Energy efficiency, which consists of using less energy or improving the level of service to energy consumers, refers to an effective way to provide overall energy. But its increasing pressure on the energy sector to control greenhouse gases and to reduce CO2 emissions forced the power system operators to consider the emission problem as a consequential matter besides the economic problems. The economic power dispatch problem has, therefore, become a multi-objective optimization problem. Fuel cost, pollutant emissions, and system loss should be minimized simultaneously while satisfying certain system constraints. To achieve a good design with different solutions in a multi-objective optimization problem, fuel cost and pollutant emissions are converted into single optimization problem by introducing penalty factor. Now the power dispatch is formulated into a bi-objective optimization problem, two objectives with two algorithms, firefly algorithm for optimization the fuel cost, pollutant emissions and the real genetic algorithm for minimization of the transmission losses. In this paper the new approach (firefly algorithm-real genetic algorithm, FFA-RGA) has been applied to the standard IEEE 30-bus 6-generator. The effectiveness of the proposed approach is demonstrated by comparing its performance with other evolutionary multi-objective optimization algorithms. Simulation results show the validity and feasibility of the proposed method.
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