This paper presents a new approach for solving economic dispatch (ED) problem with valve-point effect using a modified artificial bee colony (MABC) algorithm. Artificial bee colony algorithm is a recent population-based optimization method which has been successfully used in many complex problems. This paper proposes a novel best mechanism algorithm based on a modified ABC algorithm, in which a new mutation strategy inspired from the differential evolution (DE) is introduced in order to improve the exploitation process. To demonstrate the effectiveness of the proposed method, the numerical studies have been performed for two different sample systems. The results of the proposed method are compared with other techniques reported in recent literature. The results clearly show that the proposed MABC algorithm outperforms other state-of-the-art algorithms in solving ED problem with the valve-point effect.DOI:http://dx.doi.org/10.11591/ijece.v3i3.251
