Abstract:Abstract. The article presents a new approach towards reducing an overall cost of electric power network with maintaining its reliability. Goals are achieved by implementing an ant colony algorithm with a cut-set method as a method for reliability evaluation. The algorithm solves the problem of multi-objective optimisation, where both the network cost and network reliability index, known as unavailability, should be minimalised. The network cost is considered as a linear function of overall length of network's… Show more
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