Application of Risk-based Flexibility Assessment Methods to Evaluate System Expansion Plans
Author(s)
Baorong Zhou*,
Pei Zhang,
Jianbin Chen,
Xiaoming Jin,
Kai Hou,
Ming Niu,
Zhao Xu,
Yunkai Lei
Affiliation(s)
Electric Power Research Institute of China Southern Power Grid, Guangzhou, China. Tianjin University, Tianjin, China. Department of Electrical Engineering, The Hong Kong Polytechnic University, Hong Kong SAR, China.
Electric Power Research Institute of China Southern Power Grid, Guangzhou, China. Tianjin University, Tianjin, China. Department of Electrical Engineering, The Hong Kong Polytechnic University, Hong Kong SAR, China.
ABSTRACT
This paper proposed a flexibility assessment approach
based on and risk assessment methodology. System planners prioritize each
planning scheme with consideration of three aspects: reliability, economics,
and flexibility. In the past, there is lack of quantitative indices to measure
flexibility of a power system. This paper proposes applying probabilistic risk
assessment method to quantify system flexibility. The proposed approach is
demonstrated to compare two transmission planning schemes during
Cite this paper
B. Zhou, P. Zhang, J. Chen, X. Jin, K. Hou, M. Niu, Z. Xu and Y. Lei, "Application of Risk-based Flexibility Assessment Methods to Evaluate System Expansion Plans," Energy and Power Engineering, Vol. 5 No. 4, 2013, pp. 1022-1025. doi: 10.4236/epe.2013.54B195.
B. Zhou, P. Zhang, J. Chen, X. Jin, K. Hou, M. Niu, Z. Xu and Y. Lei, "Application of Risk-based Flexibility Assessment Methods to Evaluate System Expansion Plans," Energy and Power Engineering, Vol. 5 No. 4, 2013, pp. 1022-1025. doi: 10.4236/epe.2013.54B195.
References
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[1] J. D. McCalley, V. Vittal and N. Abi-Samra, “An Overview of Risk Based Security Assessment,” in Power Engineering Society Summer Meeting, 1999. IEEE, Vol. 1, 1999, pp. 173-178. [2] H. Wan, J. D. McCalley and V. Vittal, “Risk Based Voltage Security Assessment,” Ieee Transactions on Power Systems, Vol. 15, 2000, pp. 1247-1254. doi:10.1109/59.898097 [3] Y. J. Dai, J. D. McCalley, N. Abi-Samra and V. Vittal, “Annual Risk Assessment for Over-load Security,” Ieee Transactions on Power Systems, Vol. 16, 2001, pp. 616-623. doi:10.1109/59.962405 [4] W. H. Fu, J. D. McCalley and V. Vittal, “Risk Assessment for Transformer Loading,” Ieee Transactions on Power Systems, Vol. 16, 2001, pp. 346-353. doi:10.1109/59.932267 [5] M. Ni, J. D. McCalley, V. Vittal and T. Tayyib, “Online Risk-based Security Assessment,” Ieee Transactions on Power Systems, Vol. 18, 2003, pp. 258-265. doi:10.1109/TPWRS.2002.807091 [6] Z. Pei, S. T. Lee and D. Sobajic, “Moving Toward Probabilistic Reliability Assessment Methods,” in Probabilistic Methods Applied to Power Systems, 2004 International Conference on, 2004, pp. 906-913. [7] Z. Pei, M. Liang, L. Hopkins and B. Fardanesh, “Utility Experience Performing Probabilistic Risk Assessment for Operational Planning,” in Intelligent Systems Applications to Power Systems, 2007. ISAP 2007. International Conference on, 2007, pp. 1-6. [8] Z. Pei, M. Graham and D. Ramsay, “Prioritization of Transmission Projects using EPRI Probabilistic Risk Assessment Program,” in Power and Energy Engineering Conference, 2009. APPEEC 2009. Asia-Pacific, 2009, pp. 1-5. [9] Z. Pei, L. Shanshan, X. Ruilin, L. Xinyu and F. Li, “Assessing System Risk and Integrating Operation and Planning Functions for Chongqing Power using EPRI Probabilistic Risk Assessment Program,” in Power and Energy Engineering Conference (APPEEC), 2010 Asia-Pacific, 2010, pp. 1-6.