Novel method of optimization of losses in power grid

This paper describes theoretical and practical applications of FACTS devices such as STATCOM for voltage control and active power losses optimization. The idea and development with applying STATCOM for the optimization is presented. STATCOM provides an improvement in power quality and active power consumption stabilization. This effect could be used in applications where a variable load voltage should be compensated. It would result in a power stability improvement and decrease a risk of critical events caused by those sources. Using STATCOM, we are able to control the voltage at the node to which this device is connected and at the same time it is possible to reduce active power losses. The shown simulation provides information for STATCOM design and placement in power grids. Applying Particle Swarm Optimization showed the potentials to use this method in power grids to improve their operation and selected criteria.