Reactive Power Cost Optimization Acquiring the Combined Properties of Static and Aggregate Dynamic Load as Composite Load Model

In electrical systems especially isolated wind and diesel based hybrid systems, voltage control has been achieved in several works from adequate supply of reactive power using STATCOM/SVC as dynamic compensators. However, in most of the existing works, studies are performed only with static loads which do not have any influence of previous system conditions. In such available studies, the two major concerns were (i) cost based studies, and (ii) control techniques of dynamic compensation. The electrical systems are always influenced by the unrealistic load modelling in such systems which is almost untouched in available works and therefore motivate the authors to work on it. Realistic loads are of composite nature that composes the blend of characteristics that acquire static as well as dynamic nature of the load. In present work, the authors are interested to investigate the lower cost of reactive power with composite load for best proportion of dynamic and static compensations. The study is done in MATLAB software with 10% step increment in reactive power demand and input wind power to analyse compensation effect for extreme voltage deviation of pu at load end as recommended by several energy policies and standard IEC 60038.