Balancing the demand and supply of a power grid system via reliability modeling and maintenance optimization

Hui Xiao and Minhao Cao

Energy, 2020, vol. 210, issue C

Abstract: In this research, we modeled the reliability of a power grid with consideration of the power sharing among different regions. By extending the universal generating function technique, a reliability evaluation algorithm for a general power grid was suggested. A joint optimization model was formulated to determine the optimal redundancy and maintenance strategy in order to minimize the economic cost while meeting the reliability requirement. Numerical examples were used to illustrate the effects of different grid configurations and maintenance strategies on the reliability and cost of the power grid. It was shown that the system operation cost could be minimized by determining the optimal allocation of generators and the optimal maintenance strategy.

Keywords: Power grid system; Economic cost; Reliability; Maintenance optimization; Redundancy optimization (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544220315784
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:210:y:2020:i:c:s0360544220315784

DOI: 10.1016/j.energy.2020.118470

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

More articles in Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().