The placement and sizing problem of DSTATCOM are solved in this paper using a new meta-heuristic approach. For this, a new improved student psychologybased algorithm is proposed. The considered objectives are minimization of the real power loss, voltage deviation minimization and maximization of a voltage stability index. The proposed approach is validated using a standard 33-bus radial test distribution system with a multi-objective framework for four different loading scenarios. The results and their comparision with recent approaches are included in the analysis.
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