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It depends on the program you are using.

If you are using PSAT for academic study, then your data have to be in m-file after conversion from simulink.

If you are using commercial program like NEPLAN, then your data have to be in nepprj file.

A NEPLAN data can not be used in PSAT program unless you have a measn to do the conversion.

to properly run optimal power flow (OPF), make sure your power (load) flow runs. Then input your objective functions on generator being used or load. The objective function is determined like a*P^2+b*P+c, where a, b, and c are constants and P is the real power being generated. Same applies to reactive power pricing.

So, all you need do after you set up power flow is to model your objective function this way. Some programs also model objective function as volatage var or loss. But all has cost modeling also as objective function.

With this set up, your OPF program will run.

hope this answers your question.

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