Utilizing bulk electric system reliability performance index probability distributions in a performance based regulation framework

2006 9th International Conference on Probabilistic Methods Applied to Power Systems, PMAPS

Volumn , Issue , 2006, Pages

  Billinton, Roy ^a,b   Wangdee, Wijarn ^a,b  

^a IEEE

^b UNIVERSITY OF SASKATCHEWAN   (Canada)

Author keywords

Bulk electric system (BES); Performance based regulation (PBR); Reliability performance indices; Sequential Monte Carlo simulation

Indexed keywords

COSMIC RAY DETECTORS; DECISION MAKING; ELECTRIC INDUSTRY; ELECTRIC POWER SYSTEMS; ELECTRIC POWER TRANSMISSION NETWORKS; IMAGE SEGMENTATION; LAWS AND LEGISLATION; MONTE CARLO METHODS; POWER TRANSMISSION; PROBABILITY; PROBLEM SOLVING; QUALITY ASSURANCE; RANDOM PROCESSES; RELIABILITY; RELIABILITY ANALYSIS; RISK ASSESSMENT;

ANNUAL VARIABILITY; APPLIED (CO); BASIC CONCEPTS; ECONOMIC INCENTIVES; ELECTRIC POWER INDUSTRIES; ELECTRIC SYSTEM RELIABILITY; ELECTRIC SYSTEMS; INTERNATIONAL CONFERENCES; PARAMETER DISTRIBUTIONS; PERFORMANCE-BASED REGULATION (PBR); POLICY-MAKERS; POWER SYSTEMS; POWER UTILITIES; PROBABILISTIC METHODS; RELIABILITY ASSESSMENTS; RELIABILITY DATA; RELIABILITY PERFORMANCE; SEQUENTIAL MONTE CARLO SIMULATION; SERVICE RELIABILITY; SIMULATION RESULTS;

PROBABILITY DISTRIBUTIONS;

EID: 46149124571     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.1109/PMAPS.2006.360220     Document Type: Conference Paper

References (16)

1. R. Billinton, "Reliability Considerations in the New Electric Power Utility Industry", Canadian Electricity Association, Electricity 97' Conference and Exposition, April 1997.
2. R. E. Brown and J. J. Burke, "Managing the Risk of Performance Based Rates", IEEE Transactions on Power Systems, Vol. 15, No. 2, May 2000, pp. 893-898.
3. Ontario Energy Board, Electric Distribution Rate Handbook, 2000.
4. R. Billinton and Z. Pan, "Incorporating Reliability Index Probability Distributions in Performance Based Regulation", Proceedings of IEEE Canadian Conference on Electrical and Computer Engineering (CCECE02), Vol. 1, May 2002, pp. 12-17.
5. R. Billinton, L. Cui and Z. Pan, "Quantitative Reliability Considerations in Determination of Performance Based Rates and Customer Service Disruption Payments", IEE Proceedings-Generation, Transmission and Distribution, Vol. 149, No. 6, November 2002, pp. 640-644.
6. R. Billinton and Z. Pan, "Historic Performance-Based Distribution System Risk Assessment", IEEE Transactions on Power Delivery, Vol. 19, No. 4, October 2004, pp. 1759-1765.
7. R. Billinton and W. Wangdee, "Delivery Point Reliability Indices of a Bulk Electric System Using Sequential Monte Carlo Simulation", IEEE Transactions on Power Delivery, Vol. 20, No. 4, October 2005 (in press).
8. W. Wangdee and R. Billinton, "Reliability Performance Index Probability Distribution Analysis of Bulk Electricity Systems", Proceedings of IEEE Canadian Conference on Electrical and Computer Engineering (CCECE05), May 2005.
9. R. Billinton and W. Wangdee, "Predicting Bulk Electricity System Performance Indices Using Sequential Monte Carlo Simulation", IEEE Transactions on Power Delivery, to be published.
10. Canadian Electricity Association, Bulk Electricity System: Delivery Point Interruptions and Significant Power Interruptions 1998-2002 Report, August 2003.
11. Canadian Electricity Association, Bulk Electricity System: Delivery Point Interruptions and Significant Power Interruptions 1999-2003 Report, December 2004.
12. Energy Regulatory Commission, Regulatory Reset for the National Transmission Corporation (TRANSCO) for 2006 to 2010, September 2004. Available: http://www.erc.gov.ph/2-transmission.htm.
13. Electricity Generating Authority of Thailand, Annual Reports (1999-2004). Available: http://www.egat.co.th/english/annual_reports/.
14. IEEE Task Force, "IEEE Reliability Test System", IEEE Transactions on Power Apparatus and Systems, Vol. PAS-98, November/December 1979, pp. 2047-2054.
15. W. Wangdee and R. Billinton, "Impact of Load Shedding Philosophies on Bulk Electric System Reliability Analysis Using Sequential Monte Carlo Simulation", Electric Power Components and Systems, Vol. 34, No. 3, March 2006 (in press).
16. R. Billinton and et al, "A Reliability Test System for Educational Purposes- Basic Data", IEEE Transactions on Power Systems, Vol. PWRS-3, No. 4, August 1989, pp. 1238-1244.