Voltage instability and voltage collapse have been considered as a major threat to present power system networks due to their stressed operation. It is very important to do the power system analysis with respect to voltage stability. Flexible AC Transmission System (FACTS) is an alternating current transmission system incorporating power electronic-based and other static controllers to enhance controllability and increase power transfer capability. A FACTS device in a power system improves the voltage stability, reduces the power loss and also improves the load ability of the system. FACTS have made the power systems operation more flexible and secure. Amongst the several FACTS controllers, the Unified Power Flow Controller (UPFC) is most effective to improve the enhancement of voltage stability and reduces the power loss. This study investigates the application of Particle Swarm Optimization (PSO) to find sizing of Unified Power Flow Controller (UPFC) device to minimize the voltage stability index, total power loss, load voltage deviation, and cost of FACTS devices to improve voltage stability in the power system. A new model is proposed in this thesis to improve existing power-based model by using the Norton Equivalent Theorem. The proposed model can be integrated with the Equivalent Current Injection (ECI) power flow model easily. By ECI algorithm, it is much quickly and precisely to implement power flow calculations. Finally It is observed from the results that the voltage stability margin is improved, the voltage profile of the power system is increased and real power losses also reduced by optimally sizing UPFC device in the power system. Index Terms: Voltage stability, Unified Power Flow Controller (UPFC), Equivalent -Current Injection (ECI), Modified particle swarm optimization (MPSO)
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