Summary
Modern power systems are being shifted its attention towards distributed generations (DGs). DGs have allured more concern as an auspicious opportunity with considerable economic profits. To minimize the power generation costs of DGs, day‐to‐day operation scheduling is essential. The role of this study is to offer an optimal operation schedule for DG with several energy sources including renewable energy sources (RES), considering economic facets. In order to achieve the cost minimization along with optimal scheduling, an objection function has been formulated and solved using the optimization algorithms. This study aims to present the applications of differential evolution (DE) algorithm and its variants such as opposition‐based differential evolution (ODE), self‐adaptive differential evolution (SaDE), improved differential evolution (IDE), and cultivated differential evolution (CuDE) for scheduling DG optimally. A scheme for optimal scheduling of thermal, wind power, and solar PV generators has been evaluated. The simulations have been carried out on IEEE 14 bus system, IEEE 30 bus system, IEEE 57 bus system, and Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO), as a real part of 62 bus Indian utility system (IUS). The novelty of this study lies in simulating a real‐time system for solving optimal scheduling problem, in that way helping decision makers to choose the optimal operation points. The results indicate that the SaDE outperformed other DE variants by giving the best fitness value and convergence rate.