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Sequential Monte Carlo simulation for composite power system reliability analysis with time varying loads

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2 Author(s)
Sankarakrishnan, A. ; Power Syst. Res. Group, Saskatchewan Univ., Saskatoon, Sask., Canada ; Billinton, R.

The paper illustrates the development and utilization of an annual chronological load curve for each load bus in a composite generation and transmission system and a sequential Monte Carlo simulation approach for composite system reliability assessment. Antithetic variates as a variance reduction technique has been applied to the simulation model to increase the efficiency of the simulation. An approximate method using a load duration curve of the system load and an enumeration process have been applied to the developed load model and the results are compared in this paper

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Power Systems, IEEE Transactions on  (Volume:10 ,  Issue: 3 )