Abstract: Optimal Placement and parameter setting of flexible AC Transmission systems (FACTs) devices can increase loadability, improve stability, reduced active and reactive power losses in transmission line. In this paper, sensitivity based analysis has been proposed to determine optimal location and size of Thyristor Controlled Series Capacitor (TCSC) to improve the overall (voltage stability, power transfer capability and reduce losses) performance of power system. The effect of TCSC on the network is included as a variable reactance. Further, the suitable location of the TCSC is identified using the real power loss minimization based sensitivity-index, total reactive power loss minimization based sensitivity index and real power flows minimization based sensitivity.......
Keywords: FACTS, TCSC, Optimal Placement, Sensitivity Based Approach, Loss Minimization, Voltage Profile Improvement.
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