Abstract
Modern restructured power systems sometimes operate with heavily loaded lines resulting in power system to work under condition of higher power loss and higher voltage deviation, which may result in insecure operation of power system; even sometimes it may lead to voltage instability or system collapse. It is mainly due to continuous and uncertain growth and demand of electrical power. This paper presents a methodology to solve a multi-objective optimization problem to find optimal location and size of Static VAR Compensator (SVC); in order to minimize real power loss (RPL)& load bus voltage deviation (VD) and also enhancing voltage securityusing Continuous Genetic Algorithm (CGA). The effectiveness of the proposed method is demonstrated on a standard IEEE 30-bus system. The results obtained reveal effectiveness of CGA in handling multi objective optimization problem efficiently and successfully.
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