Power Grid Security Improvement by Remedial Action Schemes Using Vulnerability Assessment Based on Fault Chains and Power Flow

The risk of large-scale blackouts and cascading failures in power grids can be due to vulnerable transmission lines and lack of proper remediation techniques after recognizing the first failure. In this paper, we assess the vulnerability of a system using fault chain theory and a power flow-based method, and calculate the probability of large-scale blackout. Further, we consider a Remedial Action Scheme (RAS) to reduce the vulnerability of the system and to harden the critical components against intentional attacks. To identify the most critical lines more efficiently, a new vulnerability index is presented. The effectiveness of the new index and the impact of the applied RAS is illustrated on the IEEE 14-bus test system.