Abstract

Voltage stability is a critical aspect of power system operation, ensuring the reliable and efficient delivery of electrical energy to consumers. Recently, voltage stability in the power system has received much attention. The primary cause of voltage instability is the lack of real and reactive power generation to cope with the continuous demand increment. Maintaining voltage stability while planning, controlling, and assessing the system’s security is a difficult task for power system engineers. From knowledge of past incidents, a lack of reactive power is identified as the primary cause of voltage instability, which may further lead to the total collapse of the system. The importance of voltage stability assessment is essential to maintain the integrity of power systems. It helps prevent voltage instability, which can lead to cascading failures and widespread outages. This paper uses various parameters, including load demand, generator capacity, and system impedance, to develop voltage stability indices (VSIs). The paper mainly focuses on the idea of VSIs that have been developed in order to monitor and control the criticality of the power system. The voltage stability indices for transmission and distributed systems, as well as their subclasses, are thoroughly reviewed in this study. Furthermore, traditional voltage stability methods, as well as various software tools for monitoring the voltage stability problems, are also discussed. In addition, the development of VSIs and its related concepts are clearly described in this paper. This comprehensive survey provides a decent groundwork for future work in this area, and assists professionals in selecting the optimal VSI for various applications. Moreover, it provides a concise overview of methods and the importance of voltage stability assessment in both transmission and distribution systems.

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