The adoption of a new transmission line is extremely complex because of its socio-economic problems such as environmental clearances. Thus, there is a prominence of better utility over available transmission infrastructure. The Flexible Alternating Current Transmission System (FACTS) devices can offer transmission capability enhancement, power compensation, and stability as well as voltage improvement. However, the FACTS devices have a higher penetration impact of wind generation for the dynamic stability of power networks. In this work, an efficient Intellectual Control system has been proposed to stabilize the FACTS devices placement. The Squirrel Search Optimization is adapted with an intellectual control system to enhance the steady-state voltage stability of FACTS devices. The proposed system has been evaluated with the assist of IEEE 14 and 26 standard bus systems to handle the multi-objective functions like cost, reduction in power loss, reducing risks, and maximizing user’s benefit. These multi-objective functions facilitate to attain the optimal placement and load flows at various sites. The simulation can be carried out with MATLAB/SIMULINK environment and the results manifest that the proposed system outperforms well when compared with existing approaches.
A Multi-Objective Hybrid Heuristic Approach for Optimal Setting of FACTS Devices in Deregulated Power System
