Operating cost minimization of a radial distribution system in a deregulated electricity market through reconfiguration using NSGA method

In the future, mechanisms for trade in ancillary services such as reactive power will be implemented in many deregulated power systems. In such an operating framework, a Distribution Corporation (DisCo) would have to purchase reactive power along with real power from the connected transmission corporation. A DisCo would want to minimize its operating costs by minimizing the total amount of real and reactive power drawn from the connected transmission system. Optimally reconfiguring the network will achieve such a goal. In this work, we use a non-dominated sorting genetic algorithm (NSGA) for reconfiguring a radial DisCo to minimize its operating costs considering real and reactive power costs while maximizing its operating reliability and satisfying the regular operating constraints. This method is tested on sample test systems and reported.