Optimal Location and Setting of TCSC and TCPST to Reduce Transmission Congestion in Deregulated Electricity Market

H. Sepahvand; Mahmood Joorabian; Mohsen Saniei

doi:10.15866/irecon.v1i1.652

Optimal Location and Setting of TCSC and TCPST to Reduce Transmission Congestion in Deregulated Electricity Market

H. Sepahvand^(1*), Mahmood Joorabian⁽²⁾, Mohsen Saniei⁽³⁾

^(*) Corresponding author

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Abstract

Congestion and overloads in transmission lines always is one of the basic problems in the power system operation. Some of the consequences of this problem in the restructured power system are sudden price increasing in some areas, increase in market power and reduction in the competition in the market. FACTS devices as an efficient, powerful and economical means can have a key role in transmission line congestion management. Locating and parameters setting of the FACTS devices is very important to achieve the desired objectives. For optimal setting and determining the appropriate location of FACTS devices for congestion management, a method based on the locational marginal price (LMP) and optimal power flow (OPF) in combination with FACTS devices is used. In this paper, TCSC and TCPST have been used in the congestion management. This method is applied on IEEE 14 and 30 bus systems. Simulation results show the effect of FACTS devices appropriate locating on the reduction of the total restructured power system costs
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