Practical installation of capacitor banks by exchange market algorithm

Abstract

In this paper, recently proposed and promising exchange market algorithms as one of the evolutionary optimization approaches is employed on optimal capacitor banks' placement in a practical distribution network. The aim of parallel capacitor placement in distribution systems is to improve voltage profile and reduce real power losses. The codes of simulations have been written in MATLAB environment. The test system is realistic 37-bus MeshkinShahr City distribution network in northwest of Iran. Simulation results obtained have been compared to those achieved by differential evolutionary algorithm, revealing its superiority over its predecessors.