| Abstract: | This paper describes a new program which analyzes the reliability of composite power systems with consideration of power system operational aspects. It uses the sequential Monte Carlo method and calculates annual risk indices for each load point. The program deals with the system problems involved in load flow, voltage, frequency, and small‐signal stability if necessary. The distinctive feature of the program is consideration of power system operation in a sequential manner, such as generation dispatch and system restoration after equipment failure. This makes possible the evaluation of both power system planning and operation from the reliability point of view. Several new methods of reducing calculation time are developed and implemented, including the concurrent LP/load flow method, which improves solvability. © 2005 Wiley Periodicals, Inc. Electr Eng Jpn, 153(4): 20–31, 2005; Published online in Wiley InterScience ( www.interscience.wiley.com ). DOI 10.1002/eej.20138 |
