Optimal Location of TCSC, TCPS, and SVC Devices for Solving OPF and ORPD Problem Using Different Evolutionary Optimization Techniques
The secure operation of power system has become a topmost issue in today's largely complicated interconnected power systems. This chapter presents the implementation of grey wolf optimization (GWO), teaching-learning-based optimization (TLBO), biogeography-based optimization (BBO), krill herd algorithm (KHA), chemical reaction optimization (CRO), and hybrid CRO (HCRO) approaches to find the optimal location of various FACTS devices such as thyristor control series compensator (TCSC), thyristor control phase shifter (TCPS), and static VAR compensator (SVC) to solve optimal power flow (OPF) and optimal reactive power dispatch (ORPD) in power system. In this chapter, a standard IEEE 30-bus test system with multiple TCSC and TCPS and SVC devices are used for different single and multi-objective functions to validate the performance of the proposed methods. The simulation results validate the ability of the HCRO to produce better optimal solutions compared to GWO, TLBO, BBO, KHA, and CRO algorithms.