DocumentCode
1453654
Title
Distribution system reliability cost/worth analysis using analytical and sequential simulation techniques
Author
Billinton, Roy ; Wang, Peng
Author_Institution
Dept. of Electr. Eng., Saskatchewan Univ., Saskatoon, Sask., Canada
Volume
13
Issue
4
fYear
1998
fDate
11/1/1998 12:00:00 AM
Firstpage
1245
Lastpage
1250
Abstract
The requirements for extensive justification of new facilities and emphasis on the optimization of system cost and reliability are steadily increasing. Customer interruption cost analysis provides valuable input to electric power supply reliability worth assessment. This paper presents both a generalized analytical approach and a time sequential Monte Carlo simulation technique for evaluating the customer interruption cost in complex radial distribution systems. Studies are conducted on two practical distribution systems. The results obtained using the analytical technique incorporating average restoration times are compared with those obtained using the time sequential simulation method and random restoration times. The effects on customer interruption cost indices associated with alternate supply and protection devices are also considered
Keywords
Monte Carlo methods; costing; distribution networks; economics; electrical faults; power supply quality; power system reliability; power system restoration; value engineering; Monte Carlo simulation technique; analytical simulation techniques; complex radial distribution systems; cost/worth analysis; customer interruption cost analysis; distribution system reliability; restoration time; sequential simulation techniques; Analytical models; Costs; Environmental economics; Power generation economics; Power system analysis computing; Power system economics; Power system protection; Power system reliability; Power system restoration; Switches;
fLanguage
English
Journal_Title
Power Systems, IEEE Transactions on
Publisher
ieee
ISSN
0885-8950
Type
jour
DOI
10.1109/59.736248
Filename
736248
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