At present, all value at risk (VaR) implementations ± i.e., all risk measures of thè`maximum loss at a given level of con®dence'' type ± are based on the assumption that the portfolio mix will not change before the VaR horizon. This hypothesis may be unrealistic, especially when the VaR horizon is established by the regulators (BIS). At the opposite, we measure VaR dynamically, i.e., taking int...

Due to the rapid technological progress, the consumption of electric energy increases continuously. But the transmission systems are not extended to the same extent because building of new lines is difficult for environmental as well as political reasons. Hence, the systems are driven closer to their limits resulting in congestions and critical situations endangering the system security. Power ...

Thyristor controlled reactors are high power switching circuits used for static VAR control and the emerging technology of flexible ac transmission. The static VAR control circuit considered in the paper is a nonlinear periodically operated RLC circuit with a sinusoidal source and ideal thyristors with equidistant firing pulses. This paper describes new instabilities in the circuit in which thy...

Power systems are subjected to small–signal oscillations that can be caused by sudden change in the value of large loads. To avoid the dangers of these oscillations, the Power System Stabilizers (PSSs) are used. When the PSSs can not be effective enough, installation of the Thyristor–based compensators to increase the oscillations damping is a suitable method. In this paper, a Static Synchronou...

Static Var compensator (SVC) is one of flexible AC transmission system (FACTS) elements mainly used for reactive power and voltage control in power systems. This paper deals with multi-modal electromechanical oscillations damping in the presence of severe disturbances. These oscillations include local modes, interarea modes and inter-plant modes. To enhance the damping of the oscillations, a co...

Static Var Compensator (SVC) is a shunt type FACTS device which is used in power system primarily for the purpose of voltage and reactive power control. In this paper, a fuzzy logic based supplementary controller for Static Var Compensator (SVC) is developed which is used for damping the rotor angle oscillations and to improve the transient stability of the power system. Generator speed and the...

The fault recovery of VSC-HVDC transmission system is often influenced by many factors, such as the reactive power compensation characteristics of the inverter and the dynamic performance of DC controllers. In this paper, the PSCAD/ EMTDC simulation tool is used to study the dynamic recovery performance of VSC-HVDC system for several different var compensating devices in VSC-HVDC inverter-Fixed...

This paper presents a terminal voltage control of a wind turbine Self Excited Induction Generator (SEIG). The wind turbine induction generator system is proposed to supply an isolated static load under widely varying conditions. The terminal voltage had been regulated by adapting the value of the excitation capacitance from Static VAR Compensator (SVC) using Artificial Neural Network (ANN) cont...

Power system stability enhancement by simultaneous tuning of a Power System Stabilizer (PSS) and a Static Var Compensator (SVC)-based controller is thoroughly investigated in this paper. The coordination among the proposed damping stabilizers and the SVC internal voltage regulators has also been taken into consideration. The design problem is formulated as an optimization problem with a time-do...