Deregulation has brought many changes to the vertically regulated power system. As a result, the analyses methods of power system tend to change too, among which include reliability evaluation issue. This paper addresses several issues concerning the implementation of composite system adequacy evaluation using sequential Monte Carlo Simulation method. They include incorporating the modeling of bilateral and pool type transactions into the state sampling stage and the Optimal Power Flow (OFF) with the consideration of transaction patterns into the state evaluation stage. Examples are given out to demonstrate these considerations.
|Number of pages||6|
|Journal||Proceedings of the IEEE Power Engineering Society Transmission and Distribution Conference|
|Publication status||Published - 1 Jan 2002|
- Bilateral Transaction
- Pool Type Transaction
ASJC Scopus subject areas
- Electrical and Electronic Engineering