Abstract:
The static and dynamic performance of power systems can be significantly enhanced using
FACTS devices. However, a key factor in determining how effectively the goal of enhancing the System
performance is accomplished on a budget is the kind, position, and rating of the FACTS devices. In order to
maximise the advantages of their installation, an objective function made up of cost, line loadings, and load
voltage variations is provided in this study, and the weights given to them define their respective relevance.
For the purpose of strengthening security under situations of increased system loading, the effects of
installing TCSC, SVC, TCSC-SVC, and UPFC on reducing the defined aim have been examined.
