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Social Welfare Maximization by Optimal Locating and Sizing of TCSC for Congestion Management in Deregulated Power Markets
Author(s) -
Seyed Mohammad Hossein Nabavi,
Nazanin Alsadat Hosseinipoor,
Somayeh Hajforoosh
Publication year - 2010
Publication title -
international journal of computer applications
Language(s) - English
Resource type - Journals
ISSN - 0975-8887
DOI - 10.5120/1082-1202
Subject(s) - maximization , computer science , sizing , social welfare , power (physics) , operations research , welfare , congestion management , mathematical optimization , computer security , electric power system , economics , chemistry , market economy , law , physics , organic chemistry , quantum mechanics , political science , engineering , mathematics
Series FACTS devices such as TCSC, with its ability to directly control the power flow can be very effective to improve the operation of transmission network In this paper, a corrective solution for congestion management by using TCSC has been reviewed. A genetic algorithm for finding the optimal location and size of this device is proposed for congestion management with the aim of increasing social welfare while cost of TCSC was incorporated. The simulation results were successfully tested on the IEEE 30-bus system. Analyzing the results with and without TCSC confirms that this device is an appropriate for a long time congestion management.

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