Evaluation of reliability worth in composite systems based on pseudo-sequential Monte Carlo simulation

Author

Mello, J. C O ; Pereira, M.V.F. ; Da Silva, A. M Leite

Author_Institution

CEPEL, Electr. Power Res. Center, Rio de Janeiro, Brazil

Volume

9

Issue

3

fYear

1994

fDate

8/1/1994 12:00:00 AM

Firstpage

1318

Lastpage

1326

Abstract

This work describes a new methodology for calculating total system interruption costs in composite generation and transmission systems. The proposed approach, called pseudo-sequential simulation, is based on the nonsequential Monte Carlo sampling of system states and on the chronological simulation of only the sub-sequences associated with failed states. Case studies with the IEEE Modified Reliability Test System (MRTS) and a 415-bus system derived from the Brazilian Southeastern region are presented and discussed

Keywords

Monte Carlo methods; economics; power system analysis computing; power system planning; power system reliability; 415-bus system; Brazilian Southeastern region; IEEE Modified Reliability Test System; composite generation/transmission systems; nonsequential Monte Carlo sampling; power system; power system planning; pseudo-sequential Monte Carlo simulation; reliability worth evaluation; total system interruption costs; Costs; Economic forecasting; Interconnected systems; Investments; Monte Carlo methods; Power generation; Power generation economics; Power system reliability; Power system simulation; System testing;

fLanguage

English

Journal_Title

Power Systems, IEEE Transactions on

Publisher

ieee

ISSN

0885-8950

Type

jour

DOI

10.1109/59.336134

Filename

336134