Ill-conditioned power-flow problems have been widely investigated and repor
ted in the literature. A typical approach develops enhanced solution algori
thms when a power-flow case is found divergent with the conventional Newton
method. It is known that a genuine ill-conditioned problem is caused by th
e presence of a large condition number in the power-flow Jacobian matrix. S
ince a large condition number is associated with small singular values or e
igenvalues of a matrix and the voltage collapse is also related to small ei
genvalues, it is therefore postulated that an ill-conditioned power-flow pr
oblem is actually a voltage collapse problem. The objective of this paper i
s to investigate the relationship between power-flow ill-conditioning and v
oltage instability. The findings confirm that power-flow ill-conditioning o
nly occurs at the voltage collapse point. As a result, developing improved
algorithms to solve the problem is an unprofitable strategy. The well-known
voltage stability assessment techniques such as the PV curve method are su
fficient for the problem. This conclusion is supported with case studies on
five widely known ill-conditioned power-flow problems and rigorous mathema
tical analysis.