Analytical Challenges in Reliability and Resiliency Modeling

A significant number of the generation, transmission and distribution facilities in the North America were designed and configured for serving electric loads and economic activities under certain reliability and resiliency requirements over 30 years ago. With the changing generation mix, the electric grid is tasked to deliver electricity made by fuel uncertain and energy limited resources. How adequate are the existing facilities to meet the industry expectations on reliability? What level of grid resiliency should be designed and built to sustain reliable electric services given the increasing exposure to frequent and lasting severe weather conditions? There is a need to review the modeling assumptions, operating and maintenance records before we can answer these questions.