The objective of this paper is to develop an algorithm for tracing the
optima of equality and inequality constrained optimal power flow as a
function of the load parameter. Although available optimization techn
iques can determine an optimal power flow solution for a fixed load, o
ften the effects of change in load parameter on the optima for a wide
range are required. The optimal continuation power flow approach provi
des a systematic way to trace the optima for a continuous increase in
load in the given direction via continuation techniques. This approach
also reveals the voltage stability limited power transfer. Results of
the tests on up to 1500-bus networks are given to illustrate the perf
ormance of the proposed algorithm.