Abstract:The probabilistic reliability assessment of an electric power system aims to quantify, in terms of risk indices, its inability to fully serve its customers. In practice, deterministic criteria (e.g., N-1) are still the most widely used. In the literature, however, probabilistic analysis is an extensive area of research, which can be divided into two evaluation categories: those based on Monte Carlo simulation (MCS) and those based on the state enumeration (SE). Despite being admittedly inferior, the SE techniq… Show more
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