Economic dispatch at peak load using load reduction for smart grid network

This paper proposes a future economic dispatch problem for smart grid network (SGED) at peak time using demand side management (DSM) methods. The aim is to model the SGED problem at peak hours and solve it by finding an economic and reliable method of allocating the load on available generation units and choose the least expensive area or consumers to apply the DSM measures while satisfying the problem different constraints. Differential evolution is used to solve the SGED problem for two Test systems: three generation units with valve point effect and six generation units with prohibited operation zone and ramp rate limits.

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