Risk Assessment Of Power Systems: Models, Methods, and Applications

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John Wiley & Sons, May 13, 2005 - Technology & Engineering - 325 pages
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Power system risk assessment is becoming an important and mandatory task in planning, operation, maintenance, and asset management of utilities, particularly under the deregulation environment. This book will provide readers with the tools to solve practical problems using appropriate risk assessment techniques. Both analytical and Monte Carlo evaluation methods are discussed with an emphasis on applied techniques and actual considerations in generation, transmission, substation, and distribution systems.
 

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Contents

2 Outage Models of System Components
13
3 Parameter Estimation in Outage Models
43
4 Elements of Risk Evaluation Methods
69
5 Risk Evaluation Techniques for Power Systems
89
6 Application of Risk Evaluation to Transmission Development Planning
127
7 Application of Risk Evaluation to Transmission Operation Planning
151
8 Application of Risk Evaluation to Generation Source Planning
173
9 Selection of Substation Configurations
193
13 Probabilistic Transient Stability Assessment
263
Appendix A Basic Probability Concepts
281
Appendix B Elements of Monte Carlo Simulation
289
Appendix C PowerFlow Models
297
Appendix D Optimization Algorithms
303
Appendix E Three Probability Distribution Tables
311
References
315
Index
321

10 ReliabilityCentered Maintenance
211
11 Probabilistic SpareEquipment Analysis
229
12 ReliabilityBased TransmissionService Pricing
249
About the Author
325
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About the author (2005)

WENYUAN LI, PhD is a specialist engineer at British Columbia Transmission Corporation in Canada. Dr. Li has been recognized as an "Outstanding Engineer" by IEEE Canada. In 2002, he received an IEEE Fellow award for contributions in power system reliability theory, calculation methods and algorithms, and industry applications.

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