A Review of FACTS' Practical Consideration and Economic Evaluation

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dc.contributor.authorRen, H.
dc.contributor.authorWatts Casimis, David
dc.contributor.authorMi, Z.
dc.contributor.authorLu, J.
dc.contributor.authorMi, Zengqiang
dc.contributor.authorLu, Jinling
dc.date.accessioned2022-05-18T14:38:42Z
dc.date.available2022-05-18T14:38:42Z
dc.date.issued2009
dc.description.abstractFlexible AC transmission systems (FACTS) and their controllers are of great interest today. FACTS controllers can offer great opportunities in modern power system, allowing better and safer operation of the grid. Their technical benefits are very well acknowledged, but there are some factors limiting the widespread of this technology: a) lack of a comprehensive consideration of FACTS for multiple operational problems and operational conditions, b) lack of economic assessment of FACTS projects for utilities and transmission entities [1] c) lack of a clear understanding of the options of devices and their configurations [1], and most importantly d) the high degree of uncertainty associated with the transmission system on the time scale that is needed to assess this kind of long-term projects. This paper gives a brief introduction of various FACTS devices and their controllers, main research methods. We mainly provide a survey of FACTS' economic assessment method proposed so far. We conclude that there is a huge literature body of technical benefits associated with FACTS targeting on single operational problems, but limited work on addressing their practical application considerations, and economic evaluation, offering great research opportunities.
dc.fuente.origenIEEE
dc.identifier.doi10.1109/APPEEC.2009.4918115
dc.identifier.isbn978-1424424863
dc.identifier.issn2157-4847
dc.identifier.urihttps://doi.org/10.1109/APPEEC.2009.4918115
dc.identifier.urihttps://ieeexplore.ieee.org/stamp/stamp.jsp?arnumber=4918115
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/64144
dc.information.autorucEscuela de ingeniería ; Watts Casimis, David ; S/I ; 93141
dc.language.isoen
dc.nota.accesoContenido parcial
dc.publisherIEEE
dc.relation.ispartofAsia-Pacific Power and Energy Engineering Conference (2009 : Wuhan, China)
dc.rightsacceso restringido
dc.subjectPower generation economics
dc.subjectPower system economics
dc.subjectPower systems
dc.subjectFlexible AC transmission systems
dc.subjectControl systems
dc.subjectPower system reliability
dc.subjectLoad flow
dc.subjectPower generation
dc.subjectEnvironmental economics
dc.subjectElectric variables control
dc.titleA Review of FACTS' Practical Consideration and Economic Evaluationes_ES
dc.typecomunicación de congreso
sipa.codpersvinculados93141
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