Optimal Placement of Shunt Facts Devices Using Heuristic Optimization Techniques: An Overview

This paper presents a literature survey on applications of shunt connected Flexible Alternating Current Transmission Systems (FACTS) such as Static VAR Compensator (SVC), Static Synchronous Compensator (STATCOM) for enhancement of power system performance parameters like reactive power compensation, minimization of the real power losses, voltage stability improvement, and also to provide the flexible operation & better controllability etc. The paper is beneficial for understanding applications of shunt FACTS controllers for researchers to further study & research to implement it in various areas of power system as well. The paper also presents a review of various algorithms and analysis of various optimization techniques used for optimal location and sizing of SVC and STATCOM considering one and/or more than one objectives.