Value-based distribution system reliability analysis

This paper presents an integrated scheme for value-based distribution system reliability analysis. The approach balances between the cost of improving service reliability for customers and the economic benefits of such improvements. A set of reliability indices, such as: load/energy curtailed, the cost of outages, and the cost of interruption to a customer based on the component outage data is calculated. The scheme utilizes the Distribution and Industrial Systems Reliability Evaluation Program (DISREL) for power distribution system reliability assessment and value-based distribution system resource analysis. The proposed scheme is tested on a simple distribution system and 32-bus distribution system.