Technical and economic analysis for the incorporation of Facts in power systems

Jose David Gomez Jimenez | Bio
Guillermo Enrique Vinasco Macana | Bio
Jesus Maria Lopez Lezama | Bio
Universidad de Antioquia

Abstract

This article shows a methodology for the technical and economic analysis of the incorporation of Facts devices in electrical power systems. The methodology proposed consists of a deterministic stage and a stochastic stage which involve aspects of technical and economic feasibility, respectively. The first stage is based on a non-linear binary mixed programming model developed at AMPL in order to minimize generation of safety given the location of a Facts device. The second stage employs an energetic model based on a stochastic dynamic dual programming (SDDP) which determines the cost-benefit ratios of the incorporation of Facts for different hydrothermal series. In order to illustrate the applicability of the methodology proposed, a case study is shown in the Colombian electrical system, taking into account the incorporation of a Statcom in the Atlantic Coast. Additionally, it is shown that the solution proposed resolves oscillatory instability problems of power, identified in minimum generation scenarios before critical contingencies.

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How to Cite
Gomez Jimenez, J. D., Vinasco Macana, G. E., & Lopez Lezama, J. M. (2018). Technical and economic analysis for the incorporation of Facts in power systems. Revista Ingenierías Universidad De Medellín, 16(31), 231-250. https://doi.org/10.22395/rium.v16n31a12

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