Reliability assessment of restructured power systems using reliability network equivalent and pseudo-sequential simulation techniques
Date of Issue2007
School of Electrical and Electronic Engineering
This paper presents a technique to evaluate reliability of a restructured power system with a bilateral market. The proposed technique is based on the combination of the reliability network equivalent and pseudo-sequential simulation approaches. The reliability network equivalent techniques have been implemented in the Monte Carlo simulation procedure to reduce the computational burden of the analysis. Pseudo-sequential simulation has been used to increase the computational efficiency of the non-sequential simulation method and to model the chronological aspects of market trading and system operation. Multi-state Markov models for generation and transmission systems are proposed and implemented in the simulation. A new load shedding scheme is proposed during generation inadequacy and network congestion to minimize the load curtailment. The IEEE reliability test system (RTS) is used to illustrate the technique.
DRNTU::Engineering::Electrical and electronic engineering::Electric power::Production, transmission and distribution
Electric power systems research
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