DocumentCode :
2530566
Title :
Transmission planning risk assessment
Author :
Varadan, S. ; Mittelstadt, W.A. ; Aggarwal, R.K. ; VanZandt, V. ; Silverstein, B.
Author_Institution :
KEMA Inc., Raleigh, NC
fYear :
2008
fDate :
20-24 July 2008
Firstpage :
1
Lastpage :
8
Abstract :
Transmission planning in todaypsilas deregulated electric power systems should, at best, include a vigorous treatment of risk. Given that risk is the product of the likelihood of an event and the associated consequence (monetary or otherwise), it is present at every stage of the transmission expansion process - from the load forecast all the way to construction. Identification of risk factors at each stage of the transmission planning process, its likelihood and associated consequence is therefore critical, and necessary, in reaping maximum benefit. This paper provides a practical application of the inclusion of risk, based on the widely accepted Australia-New Zealand (AU-NZ) Risk Model, into the transmission planning process at Bonneville Power Administration (BPA) - a federal government agency that owns and operates the backbone of the electrical network of the US Pacific Northwest.
Keywords :
load forecasting; power transmission planning; risk management; BPA; Bonneville Power Administration; US Pacific Northwest; electric power system deregulation; government agency; load forecast; risk assessment; transmission planning; Acoustical engineering; Aerospace industry; Australia; Power engineering and energy; Power industry; Power system planning; Process planning; Reliability engineering; Risk analysis; Risk management; Australia-New Zealand Model; Risk Assessment; Transmission Planning;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Power and Energy Society General Meeting - Conversion and Delivery of Electrical Energy in the 21st Century, 2008 IEEE
Conference_Location :
Pittsburgh, PA
ISSN :
1932-5517
Print_ISBN :
978-1-4244-1905-0
Electronic_ISBN :
1932-5517
Type :
conf
DOI :
10.1109/PES.2008.4596039
Filename :
4596039
Link To Document :
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