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Table 13 Cost and computation time comparison of optimization results in case 3

From: Dynamic economic dispatch using hybrid metaheuristics

Method

Pop size

Iteration

Best cost ($)

Mean cost ($)

Worst cost ($)

Computation time (min)

Proposed method

50

13

1,015,438.967

1,016,235.527

1,017,983.495

1.79

SaANS–SDP with VRS [38]

240

1,041,100

1,044,300

1,047,140

MVMO–SH [34]

1,015,903

2.8

ADE–SA [35]

1,016,412.81

1.805

MILP–IPM [28]

1,016,311

0.08

FA–PSOTVAC [27]

50

200

1,024,163

1,794,400

13,793,000

8.4934

BBOSB [29]

1,017,530.3328

1,018,487.8504

1,019,954.8584

HIGA [25]

1,018,473.380

1,019,328.460

1,022,283.542

3.53

LDISS-2 [24]

50

30

1,018,166

1,019,344

1,020,030

9.25

Hybrid GSA–SQP [22]

6000

1,027,247.78

5.21

Hybrid DE [19]

1,031,077

EPSO–GM [33]

20

20,000

1,023,691.11

1,026,034.14

1,029,736.00

 

Hybrid PSO–SQP [17]

1,027,334

18.12