Abstract
Abstract Determination and enhancement of Available Transfer Capability (ATC) are important issues in deregulated operation of power systems. This paper investigates the use of FACTS devices, such as SVC and TCSC, to maximize power transfer transactions during normal and contingency situations. ATC is computed using Continuation Power Flow (CPF) method considering both the thermal limits and voltage profile. Cat Swarm Optimization (CSO) is used as an optimization tool to determine the location and controlling parameters of SVC and TCSC. The suggested methodology is tested on IEEE 14-bus system and also on IEEE 24-bus reliability test system for normal and different contingency cases.
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