STATCOM(Static Synchronous Series Compensator) is a shunt connected reactive power compensation FACTS device. It can also be used to regulate active power if batteries are provided. It has faster rate of generation/ absorption of reactive power so as to maintain bus voltage. Generally, it consists of a coupling transformer, a voltage source inverter and a dc side capacitor. The optimal location of STATCOM is based on location of minimum power loss in the line and installation cost of STATCOM. The methodology is mathematically formulated based on installation cost of STATCOM and power loss in the line. The ability of STATCOM to provide shunt compensation in order to maintain bus voltage is exploited here.The criteria for optimal placement are following, The main objective of this work is to determine the optimal location and the optimal parameter setting of the TCSC combined with SATCOM in the power network to minimize the loss of the power system and compare their performances. The design uses three optimization algorithm i.e. Gravitational Search Algorithm (GSA),Grey Wolf Algorithm(GWA) and Firefly Algorithm(FA). To show the validity of the proposed techniques and for comparison purposes, simulations are carried out on IEEE-57 bus power system. The results are presented in the simulation video demo as given below. Reference Paper-1: Optimal location of FACTS device using Meta Heuristic Search Algorithm SIMULATION VIDEO DEMO-FIREFLY ALGORITHM SIMULATION VIDEO DEMO-GRAVITATIONAL SEARCH OPTIMIZATION ALGORITHM SIMULATION VIDEO DEMO-GREY WOLF OPTIMIZATION ALGORITHM SIMULATION VIDEO DEMO-3 OPTIMIZATION ALGORITHM |