| Financial constraints, regulatory pressure, and need for more economical power transfers have increased the loading of interconnected transmission systems. As a consequence, power systems have been operated close to their maximum power transfer capability limits, making the system more vulnerable to voltage instability events. The problem of voltage collapse characterized by a severe local voltage depression is generally believed to be associated with inadequate VAr support at key buses. The goal of reactive power planning is to maintain a high level of voltage security, through installation of properly sized and located reactive sources and their optimal scheduling. In case of vertically-operated power systems, the reactive requirement of the system is normally satisfied by using all of its reactive sources. But in case of different scenarios of restructured power systems, one may consider a fixed amount of exchange of reactive power through tie lines. Reviewed literature suggests a need for optimal scheduling of reactive power generation for fixed inter area reactive power exchange.; The present work proposed a novel approach for reactive power source placement and a novel approach for its scheduling. The VAr source placement technique was based on the property of system connectivity. This is followed by development of optimal reactive power dispatch formulation which facilitated fixed inter area tie line reactive power exchange. This formulation used a Line Flow-Based (LFB) model of power flow analysis. The formulation determined the generation schedule for fixed inter area tie line reactive power exchange. Different operating scenarios were studied to analyze the impact of VAr management approach for vertically operated and restructured power systems. The system loadability, losses, generation and the cost of generation were the performance measures to study the impact of VAr management strategy. The novel approach was demonstrated on IEEE 30 bus system. |
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