The use of probability techniques in value-based planning

Author

Rau, Narayan S.

Author_Institution

Nat. Renewable Energy Lab., Golden, CO, USA

Volume

9

Issue

4

fYear

1994

fDate

11/1/1994 12:00:00 AM

Firstpage

2001

Lastpage

2013

Abstract

Present techniques used in value-based planning do not properly represent either the durations of power system capacity outage nor the effects of outage on post-interruption demand. Generation outage models do not relate the expected quantum of shortages to particular durations of outage. A model is proposed to compute this expectation by using the generator outage statistics in its entirety. The application of this model to the IEEE test system gave different results, depending on which outage cost data were used. Consequently, there is a need for a uniform procedure to report outage costs. A “bottom-up” procedure based on end use is proposed as a possibility

Keywords

economics; electrical faults; power system planning; probability; value engineering; IEEE test system; bottom-up procedure; capacity outage durations; end use; generator outage statistics; post-interruption demand; power system; probability techniques; value-based planning; Capacity planning; Cost function; Energy consumption; Laboratories; Power system modeling; Remuneration; Renewable energy resources; Samarium; Statistics; System testing;

fLanguage

English

Journal_Title

Power Systems, IEEE Transactions on

Publisher

ieee

ISSN

0885-8950

Type

jour

DOI

10.1109/59.331462

Filename

331462