This paper presents solution of multi-objective optimal dispatch (MOOD) problem of solar-wind-thermal system by improved stochastic fractal search (ISFSA) algorithm. Stochastic fractal search (SFSA) is inspired by the phenomenon of natural growth called fractal. It utilizes the concept of creating fractals for conducting a search through the problem domain with the help of two main operations diffusion and updating. To improve the exploration and exploitation capability of SFSA, scale factor is used in place of random operator. The SFSA and proposed ISFSA is implemented and tested on six different multi objective complex test systems of power system. TOPSIS is used here as a decision making tool to find the best compromise solution between the two conflicting objectives. The outcomes of simulation results are also compared with recent reported methods to confirm the superiority and validation of proposed approach.

This paper presents a novel heuristic optimization method to solve complex economic load dispatch problem using a hybrid method based on particle swarm optimization (PSO) and gravitational search algorithm (GSA). This algorithm named as hybrid PSOGSA combines the social thinking feature in PSO with the local search capability of GSA. To analyze the performance of the PSOGSA algorithm it has been tested on four different standard test cases of different dimensions and complexity levels arising due to practical operating constraints. The obtained results are compared with recently reported methods. The comparison confirms the robustness and efficiency of the algorithm over other existing techniques.