Risk Assessment Methods: Modelling and Simulation for power system reliability worth analysis - Couverture souple

Dzobo, Oliver

 
9783848437740: Risk Assessment Methods: Modelling and Simulation for power system reliability worth analysis

Synopsis

The current trend in assessment of economic efficiency of power system is towards the introduction of reliability inputs and outputs into risk management programs that are able to assist the regulator and power utility in undertaking decisions concerning system planning and operation. This book, therefore, provides a new framework of risk assessment of power systems which combines the precision of a probabilistic method with the flexibility and correctness of customer and interruption parameters. The framework is presented in the form of case studies and a new reliability worth index is derived. The risk-based approach applied to the interpretation of risk-based interruption cost (RBIC) index significantly influences the perception on the network's reliability performance and allows the uncertainty in a network planning or operation decision to be quantified. Use of the new reliability worth index offer more flexibility in reliability worth assessment and produce more accurate results. It can be used in all areas of power system reliability worth assessment which have always been exclusive domain of the average process.

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Présentation de l'éditeur

The current trend in assessment of economic efficiency of power system is towards the introduction of reliability inputs and outputs into risk management programs that are able to assist the regulator and power utility in undertaking decisions concerning system planning and operation. This book, therefore, provides a new framework of risk assessment of power systems which combines the precision of a probabilistic method with the flexibility and correctness of customer and interruption parameters. The framework is presented in the form of case studies and a new reliability worth index is derived. The risk-based approach applied to the interpretation of risk-based interruption cost (RBIC) index significantly influences the perception on the network's reliability performance and allows the uncertainty in a network planning or operation decision to be quantified. Use of the new reliability worth index offer more flexibility in reliability worth assessment and produce more accurate results. It can be used in all areas of power system reliability worth assessment which have always been exclusive domain of the average process.

Biographie de l'auteur

Dr Oliver Dzobo holds a BSc Honours in Electrical Engineering from the University of Zimbabwe and did his MSc and PhD studies both from University of Cape Town. His research interests include power system reliability modelling, energy modelling, load modelling, distributed generation planning – renewable energy sources and smart grids.

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