The high integration of renewables like distributed photovoltaic (PV) into medium- and low-voltage distribution networks causes bidirectional power flows, increased voltage fluctuations, and operational uncertainty. Traditional power flow models struggle to balance efficiency and accuracy for multi-period optimization. This paper proposes a dual-objective voltage optimization method based on a Holomorphic Embedding time-series power flow model. First, a recursive relationship for nodal voltage power series expansion is derived, revealing the linear superposition of first-order coefficients with power injection changes and the rapid decay of higher-order terms. A linearized analytical model neglecting higher-order terms is built, improving the computational efficiency of time-series power flow calculations while maintaining accuracy. Then, integrating energy storage systems and static var compensators, a dual-objective optimization model minimizing voltage deviation and daily operational cost is formulated. Tests on a practical 91-node rural distribution system show that the proposed power flow model maintains a voltage error below 0.25% compared to the Newton–Raphson method across various PV integration scenarios, and the optimization reduces computation time by about 61.3% versus the Second-Order Cone Programming method, validating its advantages in precision and efficiency for balancing voltage quality and economy.
Zhang et al. (Thu,) studied this question.