Abstract
This paper presents a method for multi-area power system total transfer capability (TTC) computation. This computation takes into account the limits on the line flows, bus voltage magnitude, generator reactive power, voltage stability, as well as the loss of line contingencies. The multi-area TTC problem is solved by using a network decomposition approach based on REI-type network equivalents. Each area uses REI equivalents of external areas to compute its TTC via the continuation power flow (CPF). The choice and updating procedure for the continuation parameter employed by the CPF is implemented in a distributed but coordinated manner. The proposed method leads to potential gains in the computational efficiency with limited data exchanges between areas. The developed procedure is successfully applied to the three-area IEEE 118-bus test system. Numerical comparisons between the integrated and the proposed multi-area solutions are presented for validation

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