Economic profit estimation of tranmission system using novel contingency ranking with markov modelling

Technique to evaluate probability of occurrence of selected contingencies of 6 Bus Roy Billinton Test System (RBTS) and IEEE 9 Bus system by Markov modelling is presented in this paper. Obtained probabilities for selected contingencies are validated by comparing with binomial distribution based prob...

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Main Authors: Sreeshobha, E. (Author), Prasad, P.V.N (Author)
Format: EJournal Article
Published: Institute of Advanced Engineering and Science, 2020-05-01.
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LEADER 02344 am a22003013u 4500
001 ijeecs20938_13657
042 |a dc 
100 1 0 |a Sreeshobha, E.  |e author 
100 1 0 |e contributor 
700 1 0 |a Prasad, P.V.N.  |e author 
245 0 0 |a Economic profit estimation of tranmission system using novel contingency ranking with markov modelling 
260 |b Institute of Advanced Engineering and Science,   |c 2020-05-01. 
500 |a https://ijeecs.iaescore.com/index.php/IJEECS/article/view/20938 
520 |a Technique to evaluate probability of occurrence of selected contingencies of 6 Bus Roy Billinton Test System (RBTS) and IEEE 9 Bus system by Markov modelling is presented in this paper. Obtained probabilities for selected contingencies are validated by comparing with binomial distribution based probabilities. Load flow analysis and performance index based contingency ranking of total elements of 6 bus RBTS and IEEE 9 Bus systems is simulated by Power System Simulation for Engineers (PSSE) software. Novel reliability evaluation technique which unify contingency ranking with Markov modeling is proposed for RBTS and extended to IEEE 9 Bus system. Accuracy, completeness and simple to implement are salient features of proposed novel reliability evaluation method. Reliability of RBTS and IEEE 9 Bus systems can be improved by incorporating Flexible Alternating Current Transmission Systems (FACTS) device. Improvement in the reliability and economic revenue of RBTS and IEEE 9 Bus systems due to Unified Power Flow Controller (UPFC) incorporation is evaluated. 
540 |a Copyright (c) 2019 Institute of Advanced Engineering and Science 
540 |a http://creativecommons.org/licenses/by-nc/4.0 
546 |a eng 
690
690 |a Contingency ranking; Economic revenue; FACTS; Markov model; Transmission system 
655 7 |a info:eu-repo/semantics/article  |2 local 
655 7 |a info:eu-repo/semantics/publishedVersion  |2 local 
655 7 |2 local 
786 0 |n Indonesian Journal of Electrical Engineering and Computer Science; Vol 18, No 2: May 2020; 565-572 
786 0 |n 2502-4760 
786 0 |n 2502-4752 
786 0 |n 10.11591/ijeecs.v18.i2 
787 0 |n https://ijeecs.iaescore.com/index.php/IJEECS/article/view/20938/13657 
856 4 1 |u https://ijeecs.iaescore.com/index.php/IJEECS/article/view/20938/13657  |z Get fulltext