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Probabilistic network analysis is a new tool for handling uncertainty in performance assessment and risk calculations. It provides vital data for decision making processes on the operational and planning level. It can be used for probabilistic loadflow analyses, reliability analyses, voltage sag assessment and generic scenario analysis in a flexible and integrated way.
As a consequence of the liberalization of energy markets, grid owners and operators : (including industries and railways) are re-orientating on asset management and investments, The regulatory authorities, involved in sustaining security, reliability and availability of supply, represent the society's requirements that grid companies have to cope with, under their financial and corporate policies,...
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