Abstract: This paper presents a genetic algorithm based
approach for solving security constrained optimal power flow
problem (SCOPF) including FACTS devices. The optimal location of
FACTS devices are identified using an index called overload index
and the optimal values are obtained using an enhanced genetic
algorithm. The optimal allocation by the proposed method optimizes
the investment, taking into account its effects on security in terms of
the alleviation of line overloads. The proposed approach has been
tested on IEEE-30 bus system to show the effectiveness of the
proposed algorithm for solving the SCOPF problem.