A hybrid optimization approach for strategically placing electric vehicle charging stations in a radial distribution IEEE-33 bus system

Abstract The main objective of this study is to demonstrate the effectiveness of using Hybrid Particle Swarm Optimization (HPSO), a unique methodology, to optimize an IEEE-33 bus system for optimal placement of electric vehicles. This methodology has been specifically designed to effectively regulate voltage fluctuations while reducing power dissipation. The exploration capabilities of PSO and the exploitation capabilities of SA make HPSO a robust algorithm for a specific objective function. HPSO has shown superior performance compared to current traditional methods after careful study. Simulation results illustrate power loss reductions ranging from 1.01% to 8.21% compared to various metaheuristic methodologies. The inclusion of this approach demonstrates that combining the capabilities of PSO and SA facilitates the development of a highly efficient optimization framework by combining their stochastic search and fast convergence capabilities. This methodology not only sets innovative benchmarks for power system development, but also represents a significant paradigm shift in managing and improving durable and efficient electrical networks.