Title :
Adequacy assessment and worth evaluation and its application to NUG planning in composite generation and transmission systems
Author :
Billinton, R. ; Sankarakrishnan, A. ; Adzanu, S. ; Satish, J.
Author_Institution :
Power Syst. Res. Group, Saskatchewan Univ., Saskatoon, Sask., Canada
Abstract :
A wide range of techniques have been proposed for adequacy evaluation in composite generation and transmission systems. This paper utilizes a test system to illustrate and compare the adequacy indices obtained using an analytical approach and a Monte Carlo simulation method. The paper presents the outage costs at the load buses and for the overall system using the cost of interruption data. The reliability worth implications of nonutility generation (NUG) injected into a composite generation and transmission system are illustrated by application to the test system
Keywords :
Monte Carlo methods; economics; power system planning; power system reliability; Monte Carlo simulation method; adequacy assessment; composite generation and transmission systems; interruption cost; load buses; nonutility generation planning; outage costs; reliability worth; test system; worth evaluation; Appraisal; Costs; Interconnected systems; Power generation; Power generation economics; Power system analysis computing; Power system economics; Power system planning; Power system reliability; System testing;
Conference_Titel :
Energy Management and Power Delivery, 1995. Proceedings of EMPD '95., 1995 International Conference on
Print_ISBN :
0-7803-2981-3
DOI :
10.1109/EMPD.1995.500717
