Abstract
In this paper, a novel solution to the optimal reactive power dispatch (ORPD) problem is proposed. The nonlinearity of the power flow equations is handled by a new successive linear approximation approach. For the voltage magnitude terms, a mathematical transformation that improves the accuracy and facilitates the linear modeling of shunt capacitors is used. Without loss of accuracy, the load tap changers and shunt capacitors are both modeled by linear constraints using discrete variables, which facilitates the linearly constrained mixed-integer formulation of the proposed ORPD model. An efficient iterative solving algorithm is introduced. The obtained solution strictly satisfies the power flow equations. Case studies on several IEEE benchmark systems show that the proposed algorithm can efficiently provide near-optimal solutions with the error of the objective functions of less than 0.1%. Compared with several commercial solvers, the proposed method shows distinct advantages in terms of both robustness and efficiency. Moreover, based on the round-off results, a heuristic method that reduces the optimization ranges of the discrete control variables is proposed. This method can further improve the computational efficiency with small losses in accuracy.
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