In a deregulated electricity market, it may at times become challenging to swift all the essential power which are obligatory to move along the transmission line due to congestion. This paper primly waltz up the finest allotment of thyristor-controlled series compensator in deregulated capacity setup with wind generator by considering the maximization of social welfare cost as objective function. In this work, hybrid market model has been considered and the hybrid algorithm is used as a tool, in which Gravitational Search Algorithm is used for attaining optimal location of thyristor-controlled series compensator as major issue, though Genetic Algorithm-based top-notch outflow of power minimizes operating cost after incorporating thyristor-controlled series compensator and Wind Generator as sub-optimization problem. The coherence of this prospective has been tested and analyzed on modified IEEE 14-bus system and modified IEEE 118-bus system at different loading conditions. The influences on the locational marginal pricing and system voltage have been also investigated in this work and the obtained results are compared with other globally accepted techniques reported in the literary texts.
Comparative Study of Power System Stability Enhancement of Various IEEE Bus System using SSSC
