Techno-Economic Assessment of Fixed and Variable Reactive Power Injection Using Thyristor-Switched Capacitors in Distribution Networks

This paper presents a hybrid optimization framework for solving the optimal reactive power compensation problem in medium-voltage smart distribution networks. Leveraging Julia’s computational environment, the proposed method combines the global search capabilities of the Chu & Beasley genetic algorithm (CBGA) with the local refinement efficiency of the interior-point optimizer (IPOPT). The objective is to minimize the annualized operating costs by reducing active power losses while considering the investment and operating costs associated with thyristor-switched capacitors (TSCs). A key contribution of this work is the comparative assessment of fixed and time-varying reactive power injection strategies. Simulation results on the IEEE 33- and 69-bus test feeders demonstrate that the proposed CBGA-IPOPT framework achieves annualized cost reductions of up to 11.22% and 12.58% (respectively) under fixed injection conditions. With variable injection, cost savings increase to 12.43% and 14.08%. A time-domain analysis confirms improved voltage regulation, substation reactive demand reductions exceeding 500 kvar, and peak loss reductions of up to 32% compared to the uncompensated case. Benchmarking shows that the hybrid framework not only consistently outperforms state-of-the-art metaheuristics (the sine-cosine algorithm, the particle swarm optimizer, the black widow optimizer, and the artificial hummingbird algorithm) in terms of solution quality but also demonstrates high solution repeatability across multiple runs, underscoring its robustness. The proposed method is directly applicable to real-world distribution systems, offering a scalable and cost-effective solution for reactive power planning in smart grids.