Reduction of Annual Operational Costs in Power Systems through the Optimal Siting and Sizing of STATCOMs

Reduction of Annual Operational Costs in Power Systems through the Optimal Siting and Sizing of STATCOMs

The problem of the optimal siting and placement of static compensates (STATCOMs) in power systems is addressed in this paper from an exact mathematical optimization point of view. A mixed-integer nonlinear programming model to present the problem was developed with the aim of minimizing the annual o...

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Bibliographic Details
Main Authors: Oscar Danilo Montoya, Jose Eduardo Fuentes, Francisco David Moya, José Ángel Barrios, Harold R. Chamorro
Format: Article
Language:English
Published: MDPI AG 2021-05-01
Series:Applied Sciences
Subjects:
annual operative costs minimization
electric power systems
mathematical optimization
mixed-integer nonlinear programming
optimal power flow
static compensators
Online Access:https://www.mdpi.com/2076-3417/11/10/4634

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