Optimal reactive power planning in power transmission system considering FACTS devices and implementing hybrid optimisation approach.

This study introduces a techno‐economic planning strategy of reactive power (VAr) in power transmission systems. This planning strategy primarily has been focused on reactive power planning (RPP) through operating cost minimisation ensuring cost‐oriented system security. The objective function (operating cost) is blended with four different components viz. cost due to real power loss, VAr generation cost, additional VAr compensation devices cost and line charging cost. FACTS (flexible AC transmission system) devices are installed at weak positions through different echelons to improve the system voltage stability. The authors also implemented the probabilistic hybridisation of crow search algorithm and JAYA to find out the optimal set of controlling parameters related to VAr. Finally, a sharp and minute analysis of the results has been done to validate the proposed strategy under multi‐loading conditions. To understand the efficiency and efficacy the code profiling and simulation has been rendered on IEEE 30 bus and UPSEB 75 bus test system. [ABSTRACT FROM AUTHOR]