A technique for SC renewal planning considering optimal allocation and life cycle cost

Author

Kimura, Katsuyuki ; Tanaka, Yuta ; Iwamoto, Shinichi

Author_Institution

Dept. of Electr. Eng. & Biosci., Waseda Univ., Tokyo, Japan

fYear

2010

fDate

27-29 Oct. 2010

Firstpage

1

Lastpage

6

Abstract

During the high economic growth era in the world, the power of demand has been increasing sharply year by year. Therefore, the electric power utilities have installed Shunt Capacitors (SCs) for the predicted demand. Meanwhile, some SCs have become aged because they have been used for a long time. Therefore, they have to be replaced when they reach their life limit. It is important to renew aged SCs efficiently and economically. In this paper, we propose a totally new SC renewal planning scheme, using the Dispersed Hybrid Particle Swarm Optimization (DHPSO) method for optimal SC allocation. We also propose a SC life cycle cost (SCLCC) equation that estimates the SC renewal cost. Finally, we run simulations for the IEEJ 30 machine 115 bus system to confirm the validity of the proposed method.

Keywords

demand side management; electricity supply industry; life cycle costing; particle swarm optimisation; power capacitors; power system economics; power system planning; DHPSO method; IEE J 30 machine 115 bus system; SC renewal planning; SCLCC equation; dispersed hybrid particle swarm optimization; electric power utility; life cycle cost; optimal allocation; power demand; shunt capacitor; Maintenance engineering; Planning; Power system stability; Resource management; Stability criteria; Dispersed Hybrid Particle Swarm Optimization; L-index; Life Cycle Cost; N-1 Contingency; Optimal Allocation; Shunt Capacitor; Voltage Stability; component;

fLanguage

English

Publisher

ieee

Conference_Titel

IPEC, 2010 Conference Proceedings

Conference_Location

Singapore

ISSN

1947-1262

Print_ISBN

978-1-4244-7399-1

Type

conf

DOI

10.1109/IPECON.2010.5697120

Filename

5697120