Bakir, HuseyinDuman, SerhatGuvenc, UgurKahraman, Hamdi Tolga2024-08-232024-08-2320230045-79061879-0755https://doi.org/10.1016/j.compeleceng.2023.108885https://hdl.handle.net/20.500.12684/14401In the power industry, the design of an efficient optimal power flow (OPF) model is one of the important research challenges. This study presents the formulation and solution of the OPF problem in the presence of RESs, VSC-MTDC transmission lines, and FACTS devices, simultaneously. Fuel cost, voltage deviation, and power loss were selected as OPF objectives and optimized with state-of-the-art metaheuristic algorithms such as MFO, BSA, COA, MRFO, TLABC, and FDB-TLABC. Based on the optimization results, FDB-TLABC has obtained the best fuel cost results of 785.5850 $/h, 815.1251 $/h, and 820.3022 $/h on the IEEE 30-bus power network. Besides, the algorithm reduced voltage deviation and active power loss by 11.76% and 0.52% compared to TLABC which second most successful algorithm, respectively. The experimental results are statistically analyzed using Wilcoxon signed-rank test. The analysis results show that the FDB-TLABC is a robust and powerful method to solve the introduced OPF problem.en10.1016/j.compeleceng.2023.108885info:eu-repo/semantics/closedAccessOptimal power flowSystem integrationRenewable energy sourcesFACTS devicesVoltage-source converterMulti-terminal direct current transmissionsystemsA novel optimal power flow model for efficient operation of hybrid power networksArticle1102-s2.0-85166247691WOS:001054541100001Q1Q1