One of the most basic requirements in cost/benefit assessments of generation and transmission systems are the costs incurred by customers due to power interruptions. This paper provides a consistent set of cost of interruption data that can be used to assess the reliability worth of a power system. In addition to this basic data, methodologies for calculating the customer damage functions and t...

Abstract—The Flexible AC Transmission System (FACTS) technology is a new advanced solution that increases the reliability and provides more flexibility, controllability, and stability of a power system. The Unified Power Flow Controller (UPFC), as the most versatile FACTS device for regulating power flow, is able to control respectively transmission line real power, reactive power, and node vol...

Deregulation and privatization are posing new challenges to high-voltage transmission systems. High-voltage power electronics, such as HVDC (High Voltage Direct Current) and FACTS (Flexible AC Transmission Systems), provide the necessary features to avoid technical problems in heavily loaded power systems; they increase the transmission capacity and system stability very efficiently and assist ...