Optimal reactive power dispatch using the concept of dynamic VAR source value

Voltage stability is the ability of a power system to maintain acceptable voltages at all buses in the system under normal conditions and after being subjected to a disturbance. This paper employs the management of reactive power generation to improve the voltage stability margin (VSM), in the framework of optimal reactive power dispatch (ORD) problem. Scheduling of VAR sources is performed using the concept of relative value of VAR sources. The proposed methodology has been tested on the IEEE 14-bus test system. Simulation results show that after the optimal reactive power scheduling, VSM of the systems is increased considerably. In addition, it is observed that reactive power reserve is increased and active and reactive power losses are decreased.