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Evaluation of reliability worth in composite systems based on pseudo-sequential Monte Carlo simulation

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3 Author(s)
Mello JCO ; CEPEL, Electr. Power Res. Center, Rio de Janeiro, Brazil ; Pereira, M.V.F. ; Leite da Silva, A.M.

This work describes a new methodology for calculating total system interruption costs in composite generation and transmission systems. The proposed approach, called pseudo-sequential simulation, is based on the nonsequential Monte Carlo sampling of system states and on the chronological simulation of only the sub-sequences associated with failed states. Case studies with the IEEE Modified Reliability Test System (MRTS) and a 415-bus system derived from the Brazilian Southeastern region are presented and discussed

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Power Systems, IEEE Transactions on  (Volume:9 ,  Issue: 3 )