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IEEE Power Engineering Review

Issue 11 • Date Nov. 1994

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  • Living with uncertainty: R&D trends and needs in applying probability methods to power system planning and operation

    Publication Year: 1994, Page(s):24 - 25
    Request permission for commercial reuse | Click to expandAbstract | PDF file iconPDF (245 KB)

    In the electric utility industry, we can guarantee only one thing with absolute certainty: we live and work with many unknowns. Thus, the industry has embraced probability methods to varying degrees over the last 25 years. These techniques aid decision makers in planning, operations, and maintenance by quantifying uncertainty. Examples include power system reliability, production costing simulatio... View full abstract»

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