Abstract
Abstract
The deregulation of the power system, upward growth in electrical energy demand and network expansion have resulted in an increasing integration of distributed generation (DG) and distribution static synchronous compensator (D-STATCOM) into radial distribution systems (RDS). Nonetheless, the optimal allocation of these devices is highly important to derive immense benefits. This investigation narrows down on optimizing DG and D-STATCOM placement in IEEE 33-bus RDS with a view to increase bus voltages, decrease power losses as well as maximize economic gains. The study undertakes a comprehensive analysis comparing the technical, economic and environmental performance of DG and D-STATCOM; thereby enabling power engineers to make informed choices concerning which device will be most advantageous when it comes to delivering power in RDS. A fuzzy enhanced firefly optimization (FEFO) approach is proposed for the optimization and a multifaceted evaluation in terms of technical, financial and environmental is presented for effective decision-making on distributed energy resource deployment. D-STATCOM and wind DG integrations led to notable reductions in power loss and pollutant emissions, highlighting their effectiveness in improving power quality and reducing reliance on fossil fuels. While wind DG incurred a higher installation cost ($3,100,749.2) compared to D-STATCOM ($90,566.6), it achieved greater yearly power loss cost savings ($69,198 versus $47,619). FEFO’s efficiency in optimization stands out, aiding engineers in making informed decisions for optimizing D-STATCOM and wind-DG integration in the IEEE-33 RDS, ultimately enhancing system performance and cost-effectiveness through proactive planning. The integration of D-STATCOM and wind DG led to a significant improvement in distribution system efficiency, with D-STATCOM reducing real power loss by 28.7% and reactive power loss by 27.8%, while wind DG achieved greater reductions of 41.8% in real power loss and 37.5% in reactive power loss, alongside reductions in pollutant emissions of 1.5% and 2.2%, respectively.