An improved genetic algorithm for generation expansion planning

Publisher Website
Google Scholar
Abstract
This paper presents a development of an improved genetic algorithm (IGA) and its application to a least-cost generation expansion planning (GEP) problem. Least-cost GEP problem is concerned with a highly constrained nonlinear dynamic optimization problem that can only be fully solved by complete enumeration, a process which is computationally impossible in a real-world GEP problem. In this paper, an improved genetic algorithm incorporating a stochastic crossover technique and an artificial initial population scheme is developed to provide a faster search mechanism. The main advantage of the IGA approach is that the "curse of dimensionality" and a local optimal trap inherent in mathematical programming methods can be simultaneously overcome. The IGA approach is applied to two test systems, one with 15 existing power plants, 5 types of candidate plants and a 14-year planning period, and the other, a practical long-term system with a 24-year planning period.