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This paper presents a formulation for VAR planning method for guaranteeing secure power system operation in competitive environments. The formulation is useful for the evaluation of reactive power value, for effective investment of slow and fast VAR devices, for the examination of pricing and procurement of VARs through market. Since load shedding is the last resort for keeping security, the annual...
This paper deals with optimal allocation of fast and slow VAR devices under different load levels. These devices are supposed to be utilized to maintain system security in normal and contingency states, where corrective and preventive controls are implemented for the contingency cases. Load shedding and fast VAR devices are used in the corrective state in order to quickly restore system stability...
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