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Probabilistic methods applied to electric power systems-are they worth it?

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2 Author(s)
Allan, R.N. ; Univ. of Manchester Inst. of Sci. & Technol., UK ; Billinton, R.

The authors reflect on and question existing approaches to maintaining and improving the reliability of power systems and review and highlight some alternative ways forward. They also question the need and usefulness of present deterministic criteria and security standards and instead suggest that integrated cost benefit analyses involving customers and their decisions could be a more rewarding and applicable approach

Published in:

Power Engineering Journal  (Volume:6 ,  Issue: 3 )