Optimal placement of SVC in power market

Nam, Tran Phuong; Viet, Dinh Thanh; Ut, La Van

doi:10.1109/iciea.2014.6931444

Cited by 5 publications

(1 citation statement)

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“…Price (LMP) in power market with optimal placement of SVC [12]. Shaheen has used computational intelligence method namely DE has been used to nd the optimal location and size of UPFC on the basis of performance index for N-1 contingency condition [13].…”

Section: Nam and Van Have Increased The Locational Marginalmentioning

confidence: 99%

Thyristor Controlled Series Compensator based Optimal Reallocation of Generators for Contingency Management

2019

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Privatization of the power industry has made proper utilization of the available resources a compulsory requirement. Optimal power flow (OPF) is an ideal solution to the problem. At the same time, stable operation of the power systems in both normal and contingency condition is of vital importance. Use of FACTS devices is a good method to stop further contingencies in the power system. In this paper, a combined index based strategy for the optimal placement of Thyristor Controlled Series Compensator (TCSC) and optimal tuning of generators using Krill Herd Algorithm has been proposed for contingency management. The contingency analysis has been done using a new method, namely, rapid contingency ranking technique (RCRT). The TCSC has been placed on the basis of an index which is a combination of Line Utilization Factor (LUF) and Fast Voltage Stability Index (FVSI). A multi-objective function has been chosen for tuning the generators. The multi-objective function includes voltage deviation, active power generation cost and transmission line loss. The proposed method has been tested and implemented on an IEEE 30 bus system. Privatization of the power industry has made proper utilization of the available resources a compulsory requirement. Optimal power flow (OPF) is an ideal solution to the problem. At the same time, stable operation of the power systems in both normal and contingency condition is of vital importance. Use of FACTS devices is a good method to stop further contingencies in the power system. In this paper, a combined index based strategy for the optimal placement of Thyristor Controlled Series Compensator (TCSC) and optimal tuning of generators using Krill Herd Algorithm has been proposed for contingency management. The contingency analysis has been done using a new method, namely, rapid contingency ranking technique (RCRT). The TCSC has been placed on the basis of an index which is a combination of Line Utilization Factor (LUF) and Fast Voltage Stability Index (FVSI). A multi objective function has been chosen for tuning the generators. The multi-objective function includes voltage deviation, active power generation cost and transmission line loss. The proposed method has been tested and implemented on an IEEE 30 bus system.

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Section: Nam and Van Have Increased The Locational Marginalmentioning

confidence: 99%