Risk assessment of power systems

By Wenyuan Li

Subjects: Electric power failures, Electric power systems, Risk assessment, Nonfiction, Reliability, Mathematical models, Monte Carlo method, Technology, Engineering

Description: Power system risk assessment is becoming an important and mandatory task in planning, operation, maintenance, and asset management of utilities, particularly under the deregulation environment. This book will provide readers with the tools to solve practical problems using appropriate risk assessment techniques. Both analytical and Monte Carlo evaluation methods are discussed with an emphasis on applied techniques and actual considerations in generation, transmission, substation, and distribution systems.