Abstract
Over the historyof five decades, Optimal Power Flow (OPF) has become one of the most important and extensivelyconsidered nonlinear optimization problems. In general, OPF needs to optimize the operation of electric power generation, transmission and distribution networks subjectedto varioussystem constraints and control limits. However, there is an extremely wide and variety of OPF formulations and solution techniques. Moreover, the character of OPF continues to evolve due to recent electricity markets and renewable resource integration. In this survey, both the conventional, intelligent OPF methods and both in the presence of Flexible Alternating Current Transmission Systems (FACTS) are surveyed in order to present a sound context for the state of the art in OPF formulation and solution methods. The survey contributes a comprehensive conversation of specific optimization techniques that have been applied to OPF, with an emphasis on the merits, drawbacks of each method of both conventional and intelligent methods of OPF.
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