A Monte Carlo simulation model for reliability evaluation of transmission systems

Author

Chowdhury, A.A.

Author_Institution

MidAmerican Energy Co., Davenport, IA

fYear

2005

fDate

22-25 May 2005

Lastpage

7

Abstract

The Alberta Interconnected System (AIS) forms a single integrated transmission network serving the province of Alberta. ATCO Electric Limited, formerly Alberta Power Limited (APL), who owns and operates a portion of this system, has traditionally relied on implicit criteria for evaluating system reliability performance and the need for system enhancements. Since 1990, however, increasing emphasize is being placed on value-based probabilistic assessments that attempt to quantify the risk of system disturbances, as well as the cost and the benefit of system enhancement projects. A case study is presented in this paper in which a new value-based Monte Carlo simulation approach is utilized to compute popular customer oriented reliability indices for a local area supplied by the main Alberta provincial grid

Keywords

Monte Carlo methods; cost-benefit analysis; power transmission economics; power transmission planning; power transmission reliability; probability; Monte Carlo simulation model; customer oriented reliability indices; integrated transmission network; interruption cost; local area assessment; reliability evaluation; system disturbances risk; system enhancement; transmission systems; value-based probabilistic assessments; Costs; Grid computing; Guidelines; Interconnected systems; Lakes; Load forecasting; Maintenance; Power system modeling; Power system planning; Power system reliability; Monte Carlo simulation; Reliability; interruption cost; local area assessment; value-based;

fLanguage

English

Publisher

ieee

Conference_Titel

Electro Information Technology, 2005 IEEE International Conference on

Conference_Location

Lincoln, NE

Print_ISBN

0-7803-9232-9

Type

conf

DOI

10.1109/EIT.2005.1626966

Filename

1626966