Title :
The Reliability Modeling in Performance Based Regulation of the Electricity Supply Industry in Hong Kong
Author :
Jianhui, Wang ; Wei, Liu ; Ngan, H.W.
Author_Institution :
Dept. of Electr. & Comput. Eng., Illinois Inst. of Technol., Chicago, IL
Abstract :
This paper discusses the reliability issues in performance based regulation (PBR) of the electricity supply industry in Hong Kong. To extend our previous work, the reliability index of the system represented by reserve margin is modeled and projected with the spline curve fitting technique. The simulation shows that the utilities should still maintain the reliability level in the assumed performance based regulation regime taking into account the future price and revenue flows. In addition, some other quality monitoring issues in PBR are also investigated
Keywords :
electricity supply industry; power system reliability; power system simulation; Hong Kong; PBR; electricity supply industry; performance based regulation; quality monitoring; reliability modeling; reserve margin; spline curve fitting technique; Bioreactors; Costs; Electricity supply industry; Electricity supply industry deregulation; Frequency; Investments; Maintenance; Power system reliability; Protection; Quality of service;
Conference_Titel :
TENCON 2006. 2006 IEEE Region 10 Conference
Conference_Location :
Hong Kong
Print_ISBN :
1-4244-0548-3
Electronic_ISBN :
1-4244-0549-1
DOI :
10.1109/TENCON.2006.344000
