Power system risk assessment and control in a multiobjective framework

IEEE Transactions on Power Systems

Volumn 24, Issue 1, 2009, Pages 78-85

  Xiao, Fei ^a   McCalley, James D ^a  

^a Iowa State University of Science and Technology   (United States)

Author keywords

Decision making; Evolutionary algorithm; Nonlinear multiobjective optimization; Reliability; Risk; Security

Indexed keywords

CONTROL SYSTEMS; ELECTRIC POWER TRANSMISSION NETWORKS; EVOLUTIONARY ALGORITHMS; OPTIMIZATION; POWER TRANSMISSION; RISK ASSESSMENT; RISK MANAGEMENT;

DECISION MAKING; EVOLUTIONARY ALGORITHM; NONLINEAR MULTIOBJECTIVE OPTIMIZATION; RELIABILITY; RISK; SECURITY;

MULTIOBJECTIVE OPTIMIZATION;

EID: 60149097823     PISSN: 08858950     EISSN: None     Source Type: Journal    
DOI: 10.1109/TPWRS.2008.2004823     Document Type: Article

References (27)

1. A. J. Wood and B. F. Wollenberg, Power Generation, Operation, and Control, 2nd ed. New York: Wiley, 1996, pp. 514-551.
2. B. Stott, O. Alsac, and A. J. Monticelli, "Security analysis and optimization," Proc. IEEE, vol. 75, no. 12, pp. 1623-1644, Dec. 1987.
3. G. Andersson, "Causes of the 2003 major grid blackouts in North America and Europe, and recommended means to improve system dynamic performance," IEEE Trans. Power Syst., vol. 20, no. 4, pp. 1922-1928, Nov. 2005.
4. R. N. Allan and R. Billinton, "Probabilistic methods applied to electric power systems - are they worth it," Power Eng. J., vol. 6, no. 3, pp. 121-129, May 1992.
5. M. Ni, J. McCalley, V. Vittal, and T. Tayyib, "On-line risk-based security assessment," IEEE Trans. Power Syst., vol. 18, no. 1, pp. 258-265, Feb. 2003.
6. M. Ni, J. McCalley, V. Vittal, S. Greene, C. Ten, V. Gangula, and T. Tayyib, "Software implementation of on-line risk-based security assessment," IEEE Trans. Power Syst., vol. 18, no. 3, pp. 1165-1172, Aug. 2003.
7. J. McCalley et al., "Probabilistic security assessment for power system operations," in Proc. IEEE Power Eng. Soc. General Meeting Jun. 6-10, 2004, pp. 212-220.
8. W. Fu and J. McCalley, "Risk based optimal power flow," in Proc. IEEE Porto Power Tech Conf., Porto, Portugal, Sep. 2001.
9. A. Berizzi, C. Bovo, P. Maranino, and M. Innorta, "Multi-objective optimization technique applied to modern power systems," in Proc. IEEE/Power Eng. Soc. 2001 Winter Meeting, Columbus, OH, Jan. 2001.
10. A. Berizzi, C. Bovo, and P. Maranino, "The surrogate worth trade off analysis for power system operation in electricity markets," in Proc. IEEE Power Eng. Soc. Summer Meeting, 2001, pp. 1034-1039.
11. X. Chen, "Preventive/corrective actions for power systems in the context of risk based security assessment," M.S. thesis, Iowa State Univ., Ames, 2001.
12. K. Deb, Multi-Objective Optimization Using Evolutionary Algorithm, 1st ed. New York: Wiley.
13. J. Zhang and F. L. Alvarado, "A heuristic model of cascading line trips," in Proc. Int. Conf. Probabilistic Methods Applied to Power Systems, Sep. 2004.
14. J. McCalley and F. Xiao, On-Line Risk-Based Security Assessment for Operational Decision-Making Final Report for the Project With ERCOT, 2005.
15. NERC Standard IRO-006-1 - Reliability Coordination - Transmission Loading Relief. [Online]. Available: Ftp://www.nerc.com/pub/sys/ all_updl/standards/rs/IRO-006-1.pdf.
16. F. Xiao and J. McCalley, "Risk based multi-objective optimization for transmission loading relief strategies," in Proc. IEEE Power Eng. Soc. Summer Meeting, Jun. 2007.
17. IEEE RTS Task Force of APM Subcommittee, "The IEEE Reliabiity Test System - 1996," IEEE Trans. Power Syst., vol. 14, no. 3, pp. 1010-1020, Aug. 1999.
18. F. Xiao and J. McCalley, "Contingency probability estimation using weather and geographical data for on-line security assessment," in Proc. Int. Conf. Probabilistic Methods Applied to Power Systems, Jun. 2006.
19. J. McCalley, F. Xiao, Y. Jiang, and Q. Chen, "Computation of contingency probabilities for electric transmission decision problems," in Proc. 13th Int. Conf. Intelligent Systems Application to Power Systems, 2005, pp. 540-545.
20. F. Xiao and J. McCalley, "Risk-based security and economy tradeoff analysis for real-time operation," IEEE Trans. Power Syst., vol. 22, no. 4, pp. 2287-2288, Nov. 2007.
21. J. Yuryevich and K. P. Wong, "Evolutionary programming based optimal power flow algorithm," IEEE Trans. Power Syst., vol. 14, no. 4, pp. 1245-1250, Nov. 1999.
22. A. G. Bakirtzis, P. N. Biskas, C. E. Zoumas, and V. Petridis, "Optimal power flow by enhanced genetic algorithm," IEEE Trans. Power Syst. vol. 17, no. 2, pp. 229-236, May 2002.
23. M. A. Abido, "Environmental/economic power dispatch using multiobjective evolutionary algorithms," IEEE Trans. Power Syst., vol. 18, no. 4, pp. 1529-1537, Nov. 2003.
24. K. Y. Lee and F. F. Yang, "Optimal reactive power planning using evolutionary algorithms," IEEE Trans. Power Syst., vol. 13, no. 1, pp. 101-108, Feb. 1998.
25. Y. Y. Haimes and M. R. Leach, "Risk assessment and management in a multiobjective framework," in Lecture Notes in Economics and Mathematical Systems. New York: Springer-Verlag, 1984, p. 242.
26. V. Miranda and L. M. Proenca, "Why risk analysis outperforms probabilistic choice as the effective decision support paradigm for power system planning," IEEE Trans. Power Syst., vol. 13, no. 2, pp. 643-648, May 1998.
27. J. Pu, "On-line analysis of cascading risk," Ph.D. dissertation, Iowa State Univ., Ames, 2005.