Title :
Application of Monte Carlo Simulation for reliability cost/worth analysis of distribution system
Author :
Godha, Nisha R. ; Deshmukh, Surekha R. ; Dagade, Rahul V.
Author_Institution :
Electr. Eng. Dept., Pune Univ., Pune, India
Abstract :
Reliability cost/worth is an important aspect of power system planning and operation. One approach used to assess reliability worth is to relate it to the costs or losses incurred by utility, customers due to electric supply interruptions. This paper is concerned with the evaluation of reliability cost/worth indices of Distribution System using Monte Carlo Simulation. These results can be used to make decisions in distribution system planning and design.
Keywords :
Monte Carlo methods; power distribution economics; power distribution planning; power distribution reliability; Monte Carlo simulation; distribution system reliability cost-worth analysis; electric supply interruptions; power system operation; power system planning; Biological system modeling; Educational institutions; Load modeling; Mathematical model; Monte Carlo methods; Power system reliability; Reliability; Distribution systems; Monte Carlo simulation; customer interruption costs; reliability cost/worth analysis;
Conference_Titel :
Power and Energy Systems (ICPS), 2011 International Conference on
Conference_Location :
Chennai
Print_ISBN :
INAVLID ISBN
DOI :
10.1109/ICPES.2011.6156644
