Probabilistic technique for sizing FACTS devices for steady-state voltage profile enhancement

A novel and simple stochastic-based approach to determine the optimal sizing of multiple flexible AC transmission systems (FACTS) devices in a power system for steady-state voltage profile enhancement is presented. In this context, investigations have been conducted on a published test system taking into consideration the uncertainty of the system load and generator scheduling. Two FACTS schemes are considered, namely a thyristor controlled series capacitor (TCSC) and two static synchronous compensators (STATCOMs) and a unified power flow controller (UPFC) and a STATCOM. The TCSC and UPFC are employed in the system to adjust the natural power sharing of two different parallel transmission lines and therefore enable the maximum transmission capacity to be utilised. Risk indices to estimate the likelihood that the voltage magnitude at a certain bus falls below a desired value is also presented.