Incorporation of distributed generation and shunt capacitor in radial distribution system for techno-economic benefits

The various costs such as purchase active power from grid, DG installation, capacitor installation, DG Operation and Maintenance (O&M) are evaluated at two different load scenarios. In addition to that, technical and economical analyses are examined for various combinations of DGs and shunt capacitors. The proposed methodology is successfully demonstrated on 33-bus and 85-bus radial networks and the obtained numerical outcomes validate the suitability, importance and effectiveness to identify locations as well as sizes of DGs and shunt capacitors.