Advances in Optimal Reactive Power Dispatch: Formulations, Solution Approaches, and Future Directions

This paper provides a comprehensive analysis of the Optimal Reactive Power Dispatch (ORPD) problem, focusing on its mathematical formulations and the methodologies employed to solve it. This paper systematically categorizes the problem into single-objective and multi-objective formulations, as well as single-period and multi-period models, and addresses both single-area and multi-area operational frameworks. It explores a broad range of optimization techniques used to tackle the ORPD problem, including classical optimization methods, metaheuristic algorithms, and hybrid approaches. Additionally, this paper discusses the incorporation of uncertainty in ORPD models, highlighting methods to account for the stochastic nature of power systems. A critical assessment of the current literature identifies existing knowledge gaps and outlines promising future research directions. This paper aims to provide researchers with a thorough understanding of the ORPD problem, offering insights into emerging trends and areas for further exploration.