Title :
Application of Monte Carlo simulation to multi-area reliability evaluations
Author :
Haringa, Glenn E. ; Jordan, Gary A. ; Garver, L.L.
Author_Institution :
General Electric Ind. & Power Syst., Schenectady, NY, USA
Abstract :
Modeling a multiarea power system within a reasonable amount of computer time mandates numerous approximations and assumptions that can lead to inaccurate results. It is shown that the Monte Carlo approach to reliability evaluation avoids these problems, providing a detailed and accurate modeling of the system with computer running times that are significantly less than those of other methods for studying multiarea systems.<>
Keywords :
Monte Carlo methods; digital simulation; power system analysis computing; reliability; Monte Carlo simulation; computer; multi-area reliability evaluations; multiarea power system; Frequency; Industrial power systems; Maintenance; Power engineering computing; Power generation; Power generation economics; Power industry; Power system modeling; Power system reliability; Power system simulation;
Journal_Title :
Computer Applications in Power, IEEE
