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Application of Risk-based Flexibility Assessment Methods to Evaluate System Expansion Plans

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DOI: 10.4236/epe.2013.54B195    3,279 Downloads   4,127 Views   Citations

ABSTRACT

This paper proposed a flexibility assessment approach based on and risk assessment methodology. System planners prioritize each planning scheme with consideration of three aspects: reliability, economics, and flexibility. In the past, there is lack of quantitative indices to measure flexibility of a power system. This paper proposes applying probabilistic risk assessment method to quantify system flexibility. The proposed approach is demonstrated to compare two transmission planning schemes during Guangdong expansion planning process.

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B. Zhou, P. Zhang, J. Chen, X. Jin, K. Hou, M. Niu, Z. Xu and Y. Lei, "Application of Risk-based Flexibility Assessment Methods to Evaluate System Expansion Plans," Energy and Power Engineering, Vol. 5 No. 4B, 2013, pp. 1022-1025. doi: 10.4236/epe.2013.54B195.

Conflicts of Interest

The authors declare no conflicts of interest.

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