Optimal Allocation of Shunt Dynamic Var Source SVC and STATCOM: A Survey

Optimal allocation of Var source involves optimal location and determination of the size of the Var source. The purpose is to find the right tradeoff between the investment cost of the new Var source and the benefits in system operation derived from the presence of the additional reactive compensators. Traditionally, the locations for placing new Var sources were either simply estimated or directly assumed. This paper categorizes the literature relevant to optimal allocation of shunt dynamic Var source SVC and STATCOM, based on the voltage stability analysis tools used. Those tools include static voltage stability analysis ones such as P-V and V-Q curve analysis, continuation power flow (CPF), optimization methods (OPF), modal analysis, saddle-node bifurcation analysis, and dynamic voltage stability analysis ones such as Hopf bifurcation analysis and time-domain simulation. Static voltage stability analysis techniques are also used in dynamic Var planning. At the end of the paper, the advantages of static and dynamic voltage stability analysis tools are summarized.