Multi‐objective optimal power flow considering the system transient stability.

This study presents a new formulation for optimal power flow (OPF) to enhance the overall transient stability of the power system in addition to the traditional fuel cost minimisation. To overcome the shortcomings of the traditional formulation, this study formulates OPF as a true multi‐objective optimisation problem. One objective is to operate the system economically within the system physical bounds. The other objective is to withstand severe contingencies by enhancing the system transient stability. To overcome the inconsistency and sub optimality problems, strength Pareto evolutionary algorithm is developed for solving multi‐objective OPF (MOOPF) problem. Time domain simulations (TDSs) are employed for handling transient stability problem that knocks out the numerical inaccuracy and convergence problems. To speed up the transient stability assessment, a hybrid stability classifier is developed that combines TDS and transient energy function methods. To demonstrate the effectiveness of the proposed strategy, two standard test systems have been considered. The results show the effectiveness of the proposed approach to solve the MOOPF and enhance greatly the system transient stability. The results also show the superiority of the proposed approach compared with those reported in the literature. [ABSTRACT FROM AUTHOR]