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

fYear

2011

fDate

22-24 Dec. 2011

Firstpage

1

Lastpage

6

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;

fLanguage

English

Publisher

ieee

Conference_Titel

Power and Energy Systems (ICPS), 2011 International Conference on

Conference_Location

Chennai

Print_ISBN

INAVLID ISBN

Type

conf

DOI

10.1109/ICPES.2011.6156644

Filename

6156644