Reliability Assessment Of Electric Power Systems Using Monte Carlo Methods
by Billinton /
2013 / English / PDF
8.8 MB Download
The application of quantitative reliability evaluation in electric
power sys tems has now evolved to the point at which most
utilities use these techniques in one or more areas of their
planning, design, and operation. Most of the techniques in use are
based on analytical models and resulting analytical evaluation
procedures. Improvements in and availability of high-speed digi
tal computers have created the opportunity to analyze many of these
prob lems using stochastic simulation methods and over the last
decade there has been increased interest in and use made of Monte
Carlo simulation in quantitative power system reliability
assessment. Monte Carlo simulation is not a new concept and
recorded applications have existed for at least 50 yr. However,
localized high-speed computers with large-capacity storage have
made Monte Carlo simulation an available and sometimes preferable
option for many power system reliability applications. Monte Carlo
simulation is also an integral part of a modern undergrad uate or
graduate course on reliability evaluation of general engineering
systems or specialized areas such as electric power systems. It is
hoped that this textbook will help formalize the many existing
applications of Monte Carlo simulation and assist in their
integration in teaching programs. This book presents the basic
concepts associated with Monte Carlo simulation.
The application of quantitative reliability evaluation in electric
power sys tems has now evolved to the point at which most
utilities use these techniques in one or more areas of their
planning, design, and operation. Most of the techniques in use are
based on analytical models and resulting analytical evaluation
procedures. Improvements in and availability of high-speed digi
tal computers have created the opportunity to analyze many of these
prob lems using stochastic simulation methods and over the last
decade there has been increased interest in and use made of Monte
Carlo simulation in quantitative power system reliability
assessment. Monte Carlo simulation is not a new concept and
recorded applications have existed for at least 50 yr. However,
localized high-speed computers with large-capacity storage have
made Monte Carlo simulation an available and sometimes preferable
option for many power system reliability applications. Monte Carlo
simulation is also an integral part of a modern undergrad uate or
graduate course on reliability evaluation of general engineering
systems or specialized areas such as electric power systems. It is
hoped that this textbook will help formalize the many existing
applications of Monte Carlo simulation and assist in their
integration in teaching programs. This book presents the basic
concepts associated with Monte Carlo simulation.