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

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

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dc.contributor.author Ding, Yi.
dc.contributor.author Lisnianski, Anatoly.
dc.contributor.author Wang, Peng.
dc.contributor.author Goel, Lalit.
dc.contributor.author Loh, Poh Chiang.
dc.date.accessioned 2011-10-07T07:49:12Z
dc.date.available 2011-10-07T07:49:12Z
dc.date.copyright 2009
dc.date.issued 2011-10-07
dc.identifier.citation Ding, Y., Lisnianski, A., Wang, P., Goel, L., & Loh, P. C. (2009). Dynamic reliability assessment for bilateral contract electricity providers in restructured power systems. Electric Power Systems Research, 79(10), 1424-1430.
dc.identifier.issn 0378-7796
dc.identifier.uri http://hdl.handle.net/10220/7181
dc.description.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.
dc.format.extent 7 p.
dc.language.iso en
dc.relation.ispartofseries Electric power systems research
dc.rights Elsevier B.V. The Journal's web site is located at http://www.elsevier.com/locate/epsr
dc.subject DRNTU::Engineering::Electrical and electronic engineering::Electric power::Production, transmission and distribution.
dc.title Dynamic reliability assessment for bilateral contract electricity providers in restructured power systems.
dc.type Journal Article
dc.contributor.school School of Electrical and Electronic Engineering
dc.identifier.doi 10.1016/j.epsr.2009.04.014
dc.description.version Accepted version

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