Composite Power System Reliability Evaluation Using Monte Carlo Methods – A Comparative Study

Title	: Composite Power System Reliability Evaluation Using Monte Carlo Methods – A Comparative Study
Author Name	: V. Madhusudhan, V. Sankar
Synopsis	:
Adequacy assessment of composite power system is a complex task, which involves the two aspects of power system analysis and practical considerations in selecting a system state. Monte Carlo Simulation is a technique currently used for power system composite reliability assessment due to its flexibility and the possibility of obtaining the probability distribution of variables of interest. In the present paper, three basic sampling techniques are employed using Monte Carlo Simulation and the Reliability Indices are computed for a 5-Bus Composite Power System and IEEE RTS 24-Bus System. The results are compared and discussed.

Vol. 2 No. 4

Year : 2007

Issue : May-Jul

Title  : Composite Power System Reliability Evaluation Using Monte Carlo Methods – A Comparative Study 

Author Name  : V. Madhusudhan, V. Sankar 

Synopsis  : 

Adequacy assessment of composite power system is a complex task, which involves the two aspects of power system analysis and practical considerations in selecting a system state. Monte Carlo Simulation is a technique currently used for power system composite reliability assessment due to its flexibility and the possibility of obtaining the probability distribution of variables of interest. In the present paper, three basic sampling techniques are employed using Monte Carlo Simulation and the Reliability Indices are computed for a 5-Bus Composite Power System and IEEE RTS 24-Bus System. The results are compared and discussed.