Journal
SIMULATION-TRANSACTIONS OF THE SOCIETY FOR MODELING AND SIMULATION INTERNATIONAL
Volume 88, Issue 8, Pages 999-1010Publisher
SAGE PUBLICATIONS LTD
DOI: 10.1177/0037549712438715
Keywords
power system security; transmission systems; FACTS devices; multi-objective particle swarm optimization
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Flexible alternating current transmission system (FACTS) devices can regulate the active and reactive power as well as voltage-magnitude. Placement of these devices in suitable locations can lead to the control of line power flow, bus voltages and short circuit currents at desired levels and, as a result, improvement of power system security margins. This paper presents an optimal allocation algorithm for FACTS devices based on a novel m-objective particle swarm optimization method considering both power system costs and security. The proposed algorithm has successfully been applied to an IEEE 30-bus power system and the results are presented and discussed.
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