Hybrid differential evolutionary strawberry algorithm for real-parameter optimization problems

Foreign exchange forecasting and portfolio optimization strategy based on hybrid-molecular differential evolution algorithms

At present, the COVID-19 epidemic is still spreading at home and abroad, and the foreign exchange market is highly volatile. From financial institutions to individual investors, foreign exchange asset allocation has become important contents worthy of attention. However, most intelligent optimization algorithms (hereinafter IOAS) adopt the existing data and ignore the forecasted one in the foreign exchange portfolio allocation, which will result in a huge difference between portfolio allocation and actual demand; at the same time, many IOAS are less adaptable and have lower optimization ability in portfolio problems. To solve the aforementioned problems, this paper first proposed a DETS based on hybrid tabu search and differential evolution algorithms (DEAs), which has excellent optimization ability. Subsequently, the DETS algorithm was applied to support vector machine (SVM) model. Experiments show that, compared with other algorithms, the MAE and RMSE obtained by using DETS optimization parameters are reduced by at least 3.79 and 1.47%, while the CTR is improved by at least 2.19%. Then combined with the DETS algorithm and Pareto sorting theory, an algorithm suitable for multi-objective optimization was further proposed, named NSDE-TS. Finally, by applying NSDE-TS algorithm, the optimal foreign exchange portfolio is acquired. The empirical analysis shows that the Pareto front obtained by this algorithm is better than that of NSGA-II. Since the lower the uniformity index and convergence index, the stronger the optimization performance of the corresponding algorithm, compared with NSGA-II, its uniformity and convergence index decreased by 15.7 and 39.6%.

A Comprehensive Analysis of Demand Response Pricing Strategies in a Smart Grid Environment Using Particle Swarm Optimization and the Strawberry Optimization Algorithm

In the modern world, the systems getting smarter leads to a rapid increase in the usage of electricity, thereby increasing the load on the grids. The utilities are forced to meet the demand and are under stress during the peak hours due to the shortfall in power generation. The abovesaid deficit signifies the explicit need for a strategy that reduces the peak demand by rescheduling the load pattern, as well as reduces the stress on grids. Demand-side management (DSM) uses several algorithms for proper reallocation of loads, collectively known as demand response (DR). DR strategies effectively culminate in monetary benefits for customers and the utilities using dynamic pricing (DP) and incentive-based procedures. This study attempts to analyze the DP schemes of DR such as time-of-use (TOU) and real-time pricing (RTP) for different load scenarios in a smart grid (SG). Centralized and distributed algorithms are used to analyze the price-based DR problem using RTP. A techno-economic analysis was performed by using particle swarm optimization (PSO) and the strawberry (SBY) optimization algorithms used in handling the DP strategies with 109, 1992, and 7807 controllable industrial, commercial, and residential loads. A better optimization algorithm to go along with the pricing scheme to reduce the peak-to-average ratio (PAR) was identified. The results demonstrate that centralized RTP using the SBY optimization algorithm helped to achieve 14.80%, 21.7%, and 21.84% in cost reduction and outperformed the PSO.