Bulk power system reliability criteria and indices-trends and future needs

This paper is the third stage of an activity sponsored by the IEEE Application of Probability Methods Subcommittee directed to the identification of techniques and approaches for monitoring, measuring, predicting and applying reliability in the planning and operation of bulk power systems. The present paper considers the issue of where and how applications of bulk power indices will be made in the future and what steps may have to be taken to arrive at that point. The paper offers an overview of trends in performance monitors and short and long term planning procedures to aid in the preparation of a forecast of future applications of reliability indices