This paper proposes an approach to optimally allocate multiple types of flexible AC transmission system (FACTS) devices in market-based power systems with wind generation. The main objective is to maximize profit by minimizing device investment cost, and the system's operating cost considering both normal conditions and possible contingencies. The proposed method accurately evaluates the long-t...

This paper presents a genetic algorithm based approach for solving security constrained optimal power flow problem (SCOPF) including FACTS devices. The optimal location of FACTS devices are identified using an index called overload index and the optimal values are obtained using an enhanced genetic algorithm. The optimal allocation by the proposed method optimizes the investment, taking into ac...

Flexible Alternating Current Transmission Systems (FACTS) devices have been used for several targets in power system, one of the main contributions of the devices is improving operation conditions. In this paper, two types of these devices have been placed to raise voltage profile, minimizing system loss and arising loadability. The suggested FACTS devices are: Unified Power Flow Controller (UP...

For system operators, Congestion management is a difficult task as the market’s security and reliability are protected by this methodology. As magnitude of an electric transmission extremely dynamic, limits must be estimated much beforehand, in order to manage congestion issues at right time. Flexible AC systems (FACTS) used control voltage fluctuation adjusting system's real reactive power. A ...

In emerging electric power systems, increased transactions often lead to the situations where the system no longer remains in secure operating region. The flexible Ac transmission system (FACTS) controllers can play an important role in the power system security enhancement. However, due to high capital investment, it is necessary to locate these controllers optimally in the power system. FACTS...

In this paper, a novel method using Bees Algorithm is proposed to determine the optimal allocation of FACTS devices for maximizing the Available Transfer Capability (ATC) of power transactions between source and sink areas in the deregulated power system. The algorithm simultaneously searches the FACTS location, FACTS parameters and FACTS types. Two types of FACTS are simulated in this study na...

In this investigation, a novel approach is presented to nd the optimum locations and capacity of Flexible AC Transmission Systems (FACTS) devices in a power system using a fuzzy multi-objective function. Maximising the fuzzy satisfaction allows the optimization algorithm to simultaneously consider the multiple objectives of the network to obtain active power loss reduction; i.e., new FACTS devi...