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The power generation, transmission & distribution system must be able to supply uninterrupted power reliably while maintaining the power quality throughout. The constraints like the generation capacity and system disturbances, affect the reliability and overall performance of system adversely. Thus, there is a strong need of enhancing power system capability to maintain power quality of the grid...
This paper presents a technique to evaluate unreliabilities and responsibilities of power market participants such as Gencos, transmission network and customers in a restructured power system. An optimal power flow (OPF) model subject to market and network constraints is used to determine load curtailment, generation re-dispatched and reserve dispatched. Reliability and economic indices for market...
This paper describes a probabilistic approach for assessing the criticality of bulk transmission system components in the de-regulated electricity market. The proposed method is based on the analysis performed by the Hydro One probabilistic composite system evaluation program and use of a simplified reliability model for the transmission system network. The method accounts for random failures of system...
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