A Voltage Instability Predictor (VIP) estimates the proximity of a power system to voltage collapse in real time. The VIP can be implemented in a microprocessor-based relay whose settings are changed adaptively to reflect system changes. Only local measurements (voltage and current) at the bus terminal are required. Contrary to the most common strategy to maintain voltage stability, which is to shed blocks of load when the voltage drops below a certain fixed threshold, which threshold is difficult to select since voltage magnitudes are a poor indicator of how close the system is to a collapse, the inventive VIP detects this proximity to collapse by monitoring the relationship between the apparent impedance {overscore (Z)}app and the Thevenin-impedance circle.
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