Optimal placement model of TCSC in power system network considering the budget available

This paper presents an optimal placement of TCSC which is a FACTS (Flexible Alternative Current transmission Systems) controller in order to increase the loadability of the system. The optimization problem is solved using the genetic algorithm. In this study the availability of the budget is taken in consideration. The result show that the increase in loadability can be restricted by the availability of budget and also that beyond a certain budget there will not be any further increase in loadability. Also beyond a certain number of TCSC there will be no further increase in system loadability.