Monte Carlo simulation applied to support risk-based decision making in electricity distribution networks

2015 IEEE Eindhoven PowerTech, PowerTech 2015

Volumn , Issue , 2015, Pages

  Goerdin, Shiromani A V ^a   Smit, Johan J ^a   Mehairjan, Ravish P Y ^a,b  

^a DELFT UNIVERSITY OF TECHNOLOGY   (Netherlands)

^b Stedin DSO   (Netherlands)

Author keywords

Asset management; Monte Carlo Simulation; risk management; statistical life data analysis

Indexed keywords

ASSET MANAGEMENT; CABLE JOINTING; CABLES; DATA HANDLING; DECISION SUPPORT SYSTEMS; ELECTRIC NETWORK PARAMETERS; ELECTRIC POWER DISTRIBUTION; ELECTRIC UTILITIES; INFORMATION ANALYSIS; INTELLIGENT SYSTEMS; MATERIALS HANDLING EQUIPMENT; MONTE CARLO METHODS; RISK ASSESSMENT; RISK MANAGEMENT;

ASSET MANAGEMENT SYSTEMS; ELECTRICAL DISTRIBUTION NETWORKS; ELECTRICITY DISTRIBUTION NETWORKS; FAILURE DISTRIBUTION MODELS; MANAGEMENT DECISION-MAKING; PROBABILISTIC RISK MODELLING; RISK BASED DECISION MAKING; STATISTICAL LIFE;

DECISION MAKING;

EID: 84951299033     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.1109/PTC.2015.7232494     Document Type: Conference Paper

References (6)

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3. R. Billinton, W. Li, "Reliability Assessment of Electric Power Systems using Monte Carlo Methods, " Plenum, 1994.
4. R. P. Y. Mehairjan, D. Djairam, Q. Zhuang, J. J. Smit, and A. M. van Voorden, "Statistical life data analysis for electricity distribution cable assets-an asset management approach, "IEEE Xplore, Asset Management Conference 2011.
5. S. A. V. Goerdin, "Application of Monte Carlo Simulation for Risk-based Decision Making in MV Distribution Networks, " TU Delft Master Thesis, August 2014.
6. S. A. V. Goerdin, R. P. Y. Mehairjan, A. M. Hanea, J. J. Smit, A. M van Voorden, "Application of Monte Carlo Simulation to Support Risk-based Decision Making in MV Distribution Networks, " CIRED 23rd International Conference on Electricity Distribution, June 2015.