Recent trends of the most used metaheuristic techniques for distribution network reconfiguration

Distribution network reconfiguration (DNR) continues to be a good option to reduce technical losses in a distribution power grid. However, this non-linear combinatorial problem is not easy to assess by exact methods when solving for large distribution networks, which requires large computational times. For solving this type of problem, some researchers prefer to use metaheuristic techniques due to convergence speed, near-optimal solutions, and simple programming. Some literature reviews specialize in topics concerning the optimization of power network reconfiguration and try to cover most techniques. Nevertheless, this does not allow detailing properly the use of each technique, which is important to identify the trend. The contributions of this paper are three-fold. First, it presents the objective functions and constraints used in DNR with the most used metaheuristics. Second, it reviews the most important techniques such as particle swarm optimization (PSO), genetic algorithm (GA), simulated annealing (SA), ant colony optimization (ACO), immune algorithms (IA), and tabu search (TS). Finally, this paper presents the trend of each technique from 2011 to 2016. This paper will be useful for researchers interested in knowing the advances of recent approaches in these metaheuristics applied to DNR in order to continue developing new best algorithms and improving solutions for the topi

Prescriptive formalism for constructing domain-specific evolutionary algorithms

It has been widely recognised in the computational intelligence and machine learning communities that the key to understanding the behaviour of learning algorithms is to understand what representation is employed to capture and manipulate knowledge acquired during the learning process. However, traditional evolutionary algorithms have tended to employ a fixed representation space (binary strings), in order to allow the use of standardised genetic operators. This approach leads to complications for many problem domains, as it forces a somewhat artificial mapping between the problem variables and the canonical binary representation, especially when there are dependencies between problem variables (e.g. problems naturally defined over permutations). This often obscures the relationship between genetic structure and problem features, making it difficult to understand the actions of the standard genetic operators with reference to problem-specific structures. This thesis instead advocates m..

A genetic algorithm for power distribution system planning

This thesis was submitted for the degree of Doctor of Philosophy and was awarded by Brunel University.The planning of distribution systems consists in determining the optimum site and size of new substations and feeders in order to satisfy the future power demand with minimum investment and operational costs and an acceptable level of reliability. This problem is a combinatorial, non-linear and constrained optimization problem. Several solution methods based on genetic algorithms have been reported in the literature; however, some of these methods have been reported with applications to small systems while others have long solution time. In addition, the vast majority of the developed methods handle planning problems simplifying them as single-objective problems but, there are some planning aspects that can not be combined into a single scalar objective; therefore, they require to be treated separately. The cause of these shortcomings is the poor representation of the potential solutions and their genetic operators This thesis presents the design of a genetic algorithm using a direct representation technique and specialized genetic operators for power distribution system expansion planning problems. These operators effectively preserve and exploit critical configurations that contribute to the optimization of the objective function. The constraints of the problems are efficiently handle with new strategies. The genetic algorithm was tested on several theoretical and real large-scale power distribution systems. Problems of network reconfiguration for loss reduction were also included in order to show the potential of the algorithm to resolve operational problems. Both single-objective and multi-objective formulations were considered in the tests. The results were compared with results from other heuristic methods such as ant colony system algorithms, evolutionary programming, differential evolution and other genetic algorithms reported in the literature. From these comparisons it was concluded that the proposed genetic algorithm is suitable to resolve problems of largescale power distribution system planning. Moreover, the algorithm proved to be effective, efficient and robust with better performance than other previous methods.National Council for Science and Technology, Mexic

An Evolutionary Approach to Multistage Portfolio Optimization

Portfolio optimization is an important problem in quantitative finance due to its application in asset management and corporate financial decision making. This involves quantitatively selecting the optimal portfolio for an investor given their asset return distribution assumptions, investment objectives and constraints. Analytical portfolio optimization methods suffer from limitations in terms of the problem specification and modelling assumptions that can be used. Therefore, a heuristic approach is taken where Monte Carlo simulations generate the investment scenarios and' a problem specific evolutionary algorithm is used to find the optimal portfolio asset allocations. Asset allocation is known to be the most important determinant of a portfolio's investment performance and also affects its risk/return characteristics. The inclusion of equity options in an equity portfolio should enable an investor to improve their efficient frontier due to options having a nonlinear payoff. Therefore, a research area of significant importance to equity investors, in which little research has been carried out, is the optimal asset allocation in equity options for an equity investor. A purpose of my thesis is to carry out an original analysis of the impact of allowing the purchase of put options and/or sale of call options for an equity investor. An investigation is also carried out into the effect ofchanging the investor's risk measure on the optimal asset allocation. A dynamic investment strategy obtained through multistage portfolio optimization has the potential to result in a superior investment strategy to that obtained from a single period portfolio optimization. Therefore, a novel analysis of the degree of the benefits of a dynamic investment strategy for an equity portfolio is performed. In particular, the ability of a dynamic investment strategy to mimic the effects ofthe inclusion ofequity options in an equity portfolio is investigated. The portfolio optimization problem is solved using evolutionary algorithms, due to their ability incorporate methods from a wide range of heuristic algorithms. Initially, it is shown how the problem specific parts ofmy evolutionary algorithm have been designed to solve my original portfolio optimization problem. Due to developments in evolutionary algorithms and the variety of design structures possible, a purpose of my thesis is to investigate the suitability of alternative algorithm design structures. A comparison is made of the performance of two existing algorithms, firstly the single objective stepping stone island model, where each island represents a different risk aversion parameter, and secondly the multi-objective Non-Dominated Sorting Genetic Algorithm2. Innovative hybrids of these algorithms which also incorporate features from multi-objective evolutionary algorithms, multiple population models and local search heuristics are then proposed. . A novel way is developed for solving the portfolio optimization by dividing my problem solution into two parts and then applying a multi-objective cooperative coevolution evolutionary algorithm. The first solution part consists of the asset allocation weights within the equity portfolio while the second solution part consists 'ofthe asset allocation weights within the equity options and the asset allocation weights between the different asset classes. An original portfolio optimization multiobjective evolutionary algorithm that uses an island model to represent different risk measures is also proposed.Imperial Users onl

Lost in optimisation of water distribution systems? A literature review of system design

This is the final version of the article. Available from MDPI via the DOI in this record.Optimisation of water distribution system design is a well-established research field, which has been extremely productive since the end of the 1980s. Its primary focus is to minimise the cost of a proposed pipe network infrastructure. This paper reviews in a systematic manner articles published over the past three decades, which are relevant to the design of new water distribution systems, and the strengthening, expansion and rehabilitation of existing water distribution systems, inclusive of design timing, parameter uncertainty, water quality, and operational considerations. It identifies trends and limits in the field, and provides future research directions. Exclusively, this review paper also contains comprehensive information from over one hundred and twenty publications in a tabular form, including optimisation model formulations, solution methodologies used, and other important details

Evolutionary Computation 2020

Intelligent optimization is based on the mechanism of computational intelligence to refine a suitable feature model, design an effective optimization algorithm, and then to obtain an optimal or satisfactory solution to a complex problem. Intelligent algorithms are key tools to ensure global optimization quality, fast optimization efficiency and robust optimization performance. Intelligent optimization algorithms have been studied by many researchers, leading to improvements in the performance of algorithms such as the evolutionary algorithm, whale optimization algorithm, differential evolution algorithm, and particle swarm optimization. Studies in this arena have also resulted in breakthroughs in solving complex problems including the green shop scheduling problem, the severe nonlinear problem in one-dimensional geodesic electromagnetic inversion, error and bug finding problem in software, the 0-1 backpack problem, traveler problem, and logistics distribution center siting problem. The editors are confident that this book can open a new avenue for further improvement and discoveries in the area of intelligent algorithms. The book is a valuable resource for researchers interested in understanding the principles and design of intelligent algorithms

Metaheuristics for the unit commitment problem : The Constraint Oriented Neighbourhoods search strategy

Tese de mestrado. Faculdade de Engenharia. Universidade do Porto. 199