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Keyword: Large Consumers

Original Article
A novel hybrid algorithm based on combined BICA-BPSO for solving the optimal electricity procurement problem for large consumers

In restructured electricity markets, the consumers have various procurement strategies to supply their electricity demand from alternative resources such as self-generating facility, bilateral contracts and pool market purchase. This paper proposes a hybrid approach based on binary imperialist competitive algorithm (BICA) and binary particle swarm optimization (BPSO) to find optimal procurement for large consumers with […]