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This paper presents an Optimal Power Flow (OPF) formulation that is based on multi-objective optimization methodology, which can minimize both of operating costs and losses and it would at same time result in maximizing the distance to voltage collapse. A "Maximum Distance to Voltage Collapse" algorithm, which incorporates constraints on the current operating condition, is firstly presented, while OPF formulations which incorporate voltage stability criteria is secondly presented. The algorithmdoi:10.33899/rengj.2011.26606 fatcat:w3abthzovzczbjatjpxtutgloq