Reactive power plays an important role in supporting real power transmission, maintaining system voltages within proper limits and overall system reliability. In this paper, the production cost of reactive power, cost of the system transmission loss, investment cost of capacitor banks and absolute value of total voltage deviation (TVD) are included into the objective function of the power flow ...

Renewable energy policies, such as the Renewable Portfolio Standard, arising from increasing environmental concerns have set very ambitious targets for wind power penetration in electric power systems throughout the world. In many cases, the geographical locations with good wind resources are not close to the main load centers. It becomes extremely important to assess adequate transmission faci...