mirage

Dynamic reliability assessment for bilateral contract electricity providers in restructured power systems

DSpace/Manakin Repository

 

Search DR-NTU


Advanced Search Subject Search

Browse

My Account

Dynamic reliability assessment for bilateral contract electricity providers in restructured power systems

Show full item record

Title: Dynamic reliability assessment for bilateral contract electricity providers in restructured power systems
Author: Ding, Yi; Lisnianski, Anatoly; Wang, Peng; Goel, Lalit; Loh, Poh Chiang
Copyright year: 2009
Abstract: This paper presents a new method to evaluate dynamic reliability indices for bilateral contract electricity providers in restructured power systems. The proposed method is based on the combination of stochastic processes methods and the universal generating function technique. It can provide dynamic reliability assessment for bilateral providers in restructured power systems. In the proposed method, generating units are represented as multi-state models (up to 10 states and more), which are more accurate than the conventional binary-state models. To avoid the “dimension damnation” problem caused by solving the stochastic process model of the entire system, only the stochastic model for each unit is solved. The state probabilities for the bilateral contract electricity provider and the corresponding reliability indices are evaluated by using simple algebraic operations based on the universal generating function technique. Moreover, techniques for the reliability evaluation of bilateral contract electricity provider considering reserve agreements with other generation companies are also proposed in this paper. An example considering different types of generating units from industry is used to illustrate the proposed method.
Subject: DRNTU::Engineering::Electrical and electronic engineering::Electric power::Production, transmission and distribution.
Type: Journal Article
Series/ Journal Title: Electric power systems research
School: School of Electrical and Electronic Engineering
Rights: Elsevier B.V. The Journal's web site is located at http://www.elsevier.com/locate/epsr
Version: Accepted version

Files in this item

Files Size Format View

There are no files associated with this item.

   

DOI Query

- Get published version (via Digital Object Identifier)
   

This item appears in the following Collection(s)

Show full item record