Dynamic computation and heirarchical control of assets of a power grid using shunt and series connected FACTS devices

A method performed by a shunt controller of a flexible alternating current transmission system (FACTS)-based shunt system in a high-voltage or medium-voltage power grid, the method comprising:

• receiving, by an optimization engine of data processing system, real-time measurements of sensors on the power grid, constraints, and objective functions, as input parameters, wherein the constraints are determined based on at least one of policies, regulations, or standards imposed on the power grid;
• generating, by the optimization engine, control instructions that satisfy the constraints and achieve the objective functions;
• outputting, by the optimization engine, the control instructions;
• communicating and cooperating, by a shunt controller, with one or more of a plurality of localized intelligence centers (LINCs) in a hierarchy in the power grid, the hierarchy comprising a supervisory utility communicably coupled to the plurality of LINCs;
• controlling, by the shunt controller, a FACTS-based shunt device in accordance with the control instructions to provide reactive power to the power grid for at least one of:
• voltage stability, delivery of current, power factor control, control of load imbalances, enhancement to grid inertia, or local reaction to disturbances on the power grid;
• and
• performing, by a plurality of FACTS-based controllers communicably coupled to at least one of the plurality of LINCs, dynamic line rating (DLR) and real-time thermal rating (RTTR) on the power grid in accordance with the control instructions.

One or more tangible, non-transitory, computer-readable medium having instructions thereupon which, when executed by one or more processors, cause the one or more processors to perform operations comprising:

• receiving, by an optimization engine of a data processing system, real-time measurements of sensors on the power grid, constraints, and objective functions, as input parameters, wherein the constraints are determined based on at least one of policies, regulations, or standards imposed on the power grid;
• generating, by the optimization engine, control instructions that satisfy the constraints and achieve the objective functions;
• outputting, by the optimization engine, the control instructions;
• communicating and cooperating, by a shunt controller, with one or more of a plurality of localized intelligence centers (LINCs) in a hierarchy in the power grid, wherein the hierarchy comprises a supervisory utility communicably coupled to the plurality of LINCs;
• controlling, by the shunt controller, a flexible alternating current transmission system (FACTS)-based shunt device in accordance with the control instructions to provide at least one of:
• voltage stability, delivery of current, power factor control, control of load imbalances, enhancement to grid inertia, or local reaction to disturbances on the power grid;
• and
• performing, by a plurality of FACTS-based controllers communicably coupled to at least one of the plurality of LINCs, dynamic line rating (DLR) and real-time thermal rating (RTTR) on the power grid in accordance with the control instructions.