Dynamic reliability assessment for bilateral contract electricity providers in restructured power systems

• Main Authors: Ding, Yi, Lisnianski, Anatoly, Wang, Peng, Goel, Lalit, Loh, Poh Chiang
• Other Authors: School of Electrical and Electronic Engineering
• Format: Article
• Language: English
• Published: 2011
• Subjects: DRNTU::Engineering::Electrical and electronic engineering::Electric power::Production, transmission and distribution
• Online Access: https://hdl.handle.net/10356/94270; http://hdl.handle.net/10220/7181
• Institution: Nanyang Technological University

This paper presents a new method to evaluate dynamic reliability indices for bilateral contract electricity providers in restructured power systems. The proposed method is based on the combination of stochastic processes methods and the universal generating function technique. It can provide dynamic...