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Financial analysis of improving the reliability of critical power distribution networks

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

1 Scopus citations

Abstract

As electricity increasingly becomes a vital element for many industries, power system equipment reliability is inherently crucial for the success of those industries. Therefore, it is becoming a standard practice to evaluate the cost of reliability and the cost of the losses associated with power system outages during the power system network designing decision making process in order to ensure a reliable and continued power supply to customers. In this paper, a typical power distribution plant is selected to conduct a formal reliability study to identify the present reliability indices of the system and the financial risk associated with the current reliability of the system. Afterwards, network modification options are proposed to enhance the reliability of the system. After evaluation of different modification proposals, the paper concluded that the optimal modification, in terms of reliability and financial performance, is the addition of an existing redundant overhead distribution feeder with ratings of 13.8 KV.

Original languageEnglish
Title of host publication2017 9th IEEE-GCC Conference and Exhibition, GCCCE 2017
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Print)9781538627563
DOIs
StatePublished - 27 Aug 2018

Publication series

Name2017 9th IEEE-GCC Conference and Exhibition, GCCCE 2017

Bibliographical note

Publisher Copyright:
© 2017 IEEE.

Keywords

  • Modification Cost
  • Outage Cost
  • Power Distribution Networks
  • Reliability
  • Reliability Indices

ASJC Scopus subject areas

  • Computer Networks and Communications
  • Signal Processing
  • Information Systems and Management
  • Media Technology
  • Instrumentation

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