Abstract
This paper presents an optimal placement of TCSC
which is a FACTS (Flexible Alternative Current transmission
Systems) controller in order to increase the loadbility of the system.
The optimization problem is solved using the genetic algorithm. In
this study the availablity 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.