A value-based reliability enhancement scheme for bulk transmission system planning

Author

Momoh, James A. ; Wang, Yanchun ; Elfayoumy, Mahmoud ; Mittelstadt, Bill ; Agarwal, S.K. ; Adapa, R.

Author_Institution

Dept. of Electr. Eng., Howard Univ., Washington, DC, USA

Volume

13

Issue

4

fYear

1998

fDate

11/1/1998 12:00:00 AM

Firstpage

1541

Lastpage

1547

Abstract

This paper describes a unique value-based reliability enhancement method for bulk transmission system planning. Reinforcement alternatives are evaluated considering their cost and impact on system reliability based on system capability studies under contingency conditions. A dollar value quantification of the level of reliability is presented in the paper enabling calculation of benefit to cost ratios. Based on this quantification, the improvement option that offers the best balance between cost and reliability is selected

Keywords

costing; economics; power system planning; power system reliability; transmission network calculations; transmission networks; value engineering; benefit to cost ratios; bulk transmission system planning; capability studies; contingency conditions; dollar value quantification; power system reliability impact; reinforcement alternatives; value-based reliability enhancement scheme; Cost benefit analysis; Cost function; Decision making; Electricity supply industry; Legislation; Load forecasting; Power industry; Power system analysis computing; Power system planning; Power system reliability;

fLanguage

English

Journal_Title

Power Systems, IEEE Transactions on

Publisher

ieee

ISSN

0885-8950

Type

jour

DOI

10.1109/59.736303

Filename

736303