Extended models, methods, and applications in power system risk assessment
Risk Assessment of Power Systems: Models, Methods, and Applications, Second Edition fills the gap between risk theory and real-world application. Author Wenyuan Li is a leading authority on power system risk and has more than twenty-five years of experience in risk evaluation. This book offers real-world examples to help readers learn to evaluate power system risk during planning, design, operations, and maintenance activities.
Some of the new additions in the Second Edition include:
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New research and applied achievements in power system risk assessment
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A discussion of correlation models in risk evaluation
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How to apply risk assessment to renewable energy sources and smart grids
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Asset management based on condition monitoring and risk evaluation
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Voltage instability risk assessment and its application to system planning
The book includes theoretical methods and actual industrial applications. It offers an extensive discussion of component and system models, applied methods, and practical examples, allowing readers to effectively use the basic concepts to conduct risk assessments for power systems in the real world. With every original chapter updated, two new sections added, and five entirely new chapters included to cover new trends, Risk Assessment of Power Systems is an essential reference.
Preface to the First Edition
Chapter 1 : Introduction
Chapter 2 : Outage Models of System Components
Chapter 3 : Parameter Estimation in Outage Models
Chapter 4 : Elements of Risk Evaluation Methods
Chapter 5 : Risk Evaluation Techniques for Power Systems
Chapter 6 : Application of Risk Evaluation to Transmission Development Planning
Chapter 7 : Application of Risk Evaluation to Transmission Operation Planning
Chapter 8 : Application of Risk Evaluation to Generation Source Planning
Chapter 9 : Application of Risk Evaluation to Selecting Substation Configurations
Chapter 10 : Application of Risk Evaluation to Renewable Energy Systems
Chapter 11 : Application of Risk Evaluation to Composite Systems with Renewable Sources
Chapter 12 : Risk Evaluation of Wide Area Measurement and Control System
Chapter 13 : Reliability-Centered Maintenance
Chapter 14 : Probabilistic Spare-Equipment Analysis
Chapter 15 : Asset Management Based on Condition Monitoring and Risk Evaluation
Chapter 16 : Reliability-Based Transmission-Service Pricing
Chapter 17 : Voltage Instability Risk Assessment and Its Application to System Planning
Chapter 18 : Probabilistic Transient Stability Assessment
Appendix A : Basic Probability Concepts
Appendix B : Elements of Monte Carlo Simulation
Appendix C : Power Flow Models
Appendix D : Optimization Algorithms
Appendix E : Three Probability Distribution Tables
Index
