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Assessment of Power System Performance Indices in a Restructured Power Industry – A Review

June, 2023

Article Type: Original Article

Journal Name:

Issue: 1 | Volume: 1 | Page No: 1-4


Ensuring high-quality and reliable power supply to customers plays a crucial role in the power system. Restructuring the power system is an efficient approach to evaluate and deliver economic and uninterrupted power supply. Reliability assessment, which depends on system security and adequacy, serves as a means to check the reliability of the power system. Sequential simulation is proposed as a reliable method to enhance power system performance indices and assess reliability in unbundled power utilities. By simulating the stochastic behavior and sequential process of the system, outage occurrences can be identified and reflected in the form of a reliability index. This paper presents an effective method to improve power system reliability in the transmission and distribution network