Annual Risk Assessment for Overload Security

Annual Risk Assessment for Overload Security
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DOI:
10.1109/59.962405
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发表时间:
2001-10
期刊:
IEEE Power Engineering Review
影响因子:
--
通讯作者:
Youjie Dai;J. McCalley;Nicholas Abi-Samra;Vijay Vittal
Youjie Dai;J. McCalley;Nicholas Abi-Samra;Vijay Vittal
中科院分区:
其他
文献类型:
--
作者:
Youjie Dai;J. McCalley;Nicholas Abi-Samra;Vijay Vittal

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This paper presents an approach to assess the cumulative risk associated with overload security for the purposes of midterm power system planning. The work is motivated by a need to refine bulk power system reliability assessment to meet the needs of the restructured industry. There are two main contributions to the work. First, the assessment is performed over a year-long trajectory of hourly operating conditions, resulting in reliability assessment of all expected conditions and not just a limited number of snapshots. Secondly, the assessment is quantified by a risk index comprised of summed products of probability and consequence. This index is a good indicator of the actual reliability level, it is decomposable, and it can be effectively integrated into economic decision-making paradigms. The work is illustrated using the 1996 IEEE Reliability Test System.