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This paper presents the application of Flexible Alternating Current Transmission System (FACTS) devices based on heuristic algorithms in power systems. The work proposes the Autonomous Groups Particle Swarm Optimization (AGPSO) approach for the optimal placement and sizing of the Static Var Compensator (SVC) to minimize the total active power losses in transmission lines. A comparative study is conducted with other heuristic optimization algorithms such as Particle Swarm Optimization (PSO), Timevarying Acceleration Coefficients PSO (TACPSO), Improved PSO (IPSO), Modified PSO (MPSO), and Moth-Flam Optimization (MFO) algorithms to confirm the efficacy of the proposed algorithm. Computer simulations have been carried out on MATLAB with the MATPOWER additional package to evaluate the performance of the AGPSO algorithm on the IEEE 14 and 30 bus systems. The simulation results show that the proposed algorithm offers the best performance among all algorithms with the lowest active power losses and the highest convergence rate. [ABSTRACT FROM AUTHOR]

In this paper voltage stability is analysed based not only on the voltage deviations from the nominal values but also on the number of limit violating buses and severity of voltage limit violations. The expression of the actual state of the system as a numerical index like severity, aids the system operator in taking better security related decisions at control centres both during a period of contingency and also at a highly stressed operating condition. In contrary to conventional N - 1 contingency analysis, Northern Electric Reliability Council (NERC) recommends N - 2 line contingency analysis. The decision of the system operator to overcome the present contingency state of the system must blend harmoniously with the stability of the system. Hence the work presents a novel N - 2 contingency analysis based on the continuous severity function of the system. The study is performed on 4005 possible combinations of N - 2 contingency states for the practical Indian Utility 62 bus system. Static VAr Compensator is used to improve voltage profile during line contingencies. A multi- objective optimization with the objective of minimizing the voltage deviation and also the number of limit violating bus with optimal location and optimal sizing of SVC is achieved by Particle Swarm Optimization algorithm. [ABSTRACT FROM AUTHOR]