For this paper a new approach of an Ant Colony Optimization algorithm known as Omicron ACO was developed in order to solve the Reactive Power Compensation problem in a multiobjective context. The selected objectives are the minimization of the average voltage deviation and the minimization of the invest in reactive compensation devices. To test the Omicron ACO the IEEE-118 study case is used. The
... [Show full abstract] results obtained by the Omicron were compared with the obtained by a second generation Evolutionary Algorithm (SPEA), showing the Omicron a better performance.