FACTS devices provide significance to enhance the functioning of both static and dynamic power systems. The type, size, and location of FACTS devices determine how well they achieve the goals of enhancing voltage stability, loadability, and loss minimization simultaneously. The aim of the function in this study includes voltage stability, line loadings, and loss minimization, which are expected to obtain the most benefits from their installation and other weights allocated to them. It has been determined how installing TCSC, and SVC will improve loadability under situations of continuously increasing load. In this study, a novel optimization technique known as differential evolution invasive weed optimization (DEIWO) is utilized to locate the optimal location for FACTS devices within the IEEE 14 bus system by considering valve point effects. DEIWO was a recently developed, dominant, and simple metaheuristic algorithm for genuine parameter optimization. DEIWO was inspired by the natural process of weed colonization and dissemination, and it is highly effective at addressing broad multi-dimensional, linear and nonlinear optimization problems. The proposed method was implemented in the IEEE 14 bus testing system. Different methods from the research papers have been used to compare and analyze the results. The results demonstrate the DEIWO algorithm's capability and show how it may be used in practice to locate FACTS devices in deregulated electricity networks in the most advantageous place. A comparison of the proposed process to existing algorithms found in the literature and implemented using traditional techniques reveals that it performs better in terms of precision and convergence

In electrical power systems, FACTS devices effectively control power flow and change bus voltages, leading to lower system losses and excellent system stability. The article discusses the research from the last decade that evaluated various methods for placing FACTS devices using the meta-heuristic approach to address the positioning of Facts devices to maintain proper bus voltages and control line flow and improve the overall system efficiency. Several models and techniques suggest that devices can be placed in a particular location with different parameter settings. Finally, the optimization problem improved system performance by decreasing power loss, improving the voltage profile and power angle at each bus, raising the L-index, and minimizing generating costs. FACTS devices can increase the transmission line’s capacity for transferring power by increasing the voltage at its terminals at both ends and reducing line reactance. The FACTS controller must be installed in the distribution and transmission lines to maximize the power flow. Various techniques are used for the best placement of FACTS controllers, including analytical methods, arithmetic programming approaches, meta-heuristic optimization approaches, and hybrid approaches—this paper analyses numerous analytical and meta-heuristic optimization techniques to place FACTS controllers in the most advantageous locations. The fundamental problems in intelligent power systems, such as improving stability, power quality, and managing congestion, are discussed in this study, along with several applications of FACTS devices. The cutting-edge power systems of today provide users with constant, high-quality power through smart grids and smart meters. The motivation for the review