) Available transfer capability enhancement with FACTS using hybrid PI-PSO

Abstract

In deregulation, growth in electrical loads necessitates improving power delivery, while nondiscriminatory access to transmission grid is a requirement. Deregulation causes a signifcant rise in transactions, which requires adequate transfer capability to secure economic transactions. In sustainable power delivery, FACTS devices are deployed to enhance available transfer capability (ATC). However, the high investment cost of FACTS makes the problem formulation a multiobjective optimization: power transfer maximization and minimization of FACTS sizes. Furthermore, due to the complexity in optimizing the control variables of voltage source converter types of FACTS, often the solution results in local optima and high computational time. This paper proposes a hybrid of real power flow performance index sensitivity (@P I ) and particle swarm optimization (PI-PSO) to solve the multiobjective optimization of ATC maximization with minimum FACTS sizes using continuation power flow. @P I identifes some high-potential locations with enhanced ATC at minimum FACTS size to constitute the PSO’s reduced search space. As @P I may exhibit masking effects, iterative n-exponent and Newton’s divided difference approaches are proposed to reduce masking. The proposed PI-PSO is implemented with a thyristor control series compensator and static synchronous series compensator for both bilateral and multilateral transactions. Results show the effectiveness of the proposed PI-PSO over PSO regarding convergence characteristics, avoidance of local optima, and superior ATC values.