This paper proposes the latest application of power tracing technique for voltage stability improvement. Instead of solving losses charge allocation problem in deregulated power market as performed by many researchers, the proposed technique can be implemented for effective static generation power dispatch; that is, by determining suitable generating units involved in re-dispatching with the aim of providing a more economical and effective power generation. Using power tracing approach, the determination of suitable generating units can be done by means of stability index tracing or specifically termed as Fast Voltage Stability Index-Generation Tracing (FVSI-GT). After deriving a ranking list of generator buses via FVSI-GT, the real and reactive power of the selected generators are sized using a new hybrid algorithm; the Blended Crossover Continuous Ant Colony Optimization (BX-CACO). Simulation and experiment on IEEE 57-Bus reliability test system (RTS) justified the reliability of FVSI-GT for precise selection of suitable generators besides other conventional ranking methods. In addition, the proposed BX-CACO showed a tremendous performance in terms of convergence speed and solution quality.
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