Title :
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
fDate :
8/1/1994 12:00:00 AM
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;
Journal_Title :
Power Systems, IEEE Transactions on
