Reliability assessment and performance based incentives of power distribution systems

Kobi Yahav; Gideon Oron; Warren Young

doi:10.1109/eeei.2008.4736692

Reliability assessment and performance based incentives of power distribution systems

Kobi Yahav, Gideon Oron, Warren Young

Department of Economics

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

5 Scopus citations

Abstract

A new method for reliability assessment and performance based incentives of power distribution systems is presented. The reliability estimation is based on a Monte-Carlo simulation of the System Average Interruption Duration Index (SAIDI). The normal distribution resulting from the simulation is used as a base for a performance based incentives scheme. In order to create an applicable model for supervisory agencies, a set of tools are used to transform geographical and operational parameters to reliability variables which are used by the simulation. The new approach is demonstrated on a case study and aggregated to the entire distribution system of the Israel Electric Corporation (IEC).

Original language	English
Title of host publication	2008 IEEE 25th Convention of Electrical and Electronics Engineers in Israel, IEEEI 2008
Pages	222-226
Number of pages	5
DOIs	https://doi.org/10.1109/eeei.2008.4736692
State	Published - 2008
Event	2008 IEEE 25th Convention of Electrical and Electronics Engineers in Israel, IEEEI 2008 - Eilat, Israel Duration: 3 Dec 2008 → 5 Dec 2008

Publication series

Name	IEEE Convention of Electrical and Electronics Engineers in Israel, Proceedings

Conference

Conference	2008 IEEE 25th Convention of Electrical and Electronics Engineers in Israel, IEEEI 2008
Country/Territory	Israel
City	Eilat
Period	3/12/08 → 5/12/08

Keywords

Performance based incentives
Power distribution
Power system reliability
Reliability estimation

Access to Document

10.1109/eeei.2008.4736692

Cite this

Yahav, K., Oron, G., & Young, W. (2008). Reliability assessment and performance based incentives of power distribution systems. In 2008 IEEE 25th Convention of Electrical and Electronics Engineers in Israel, IEEEI 2008 (pp. 222-226). Article 4736692 (IEEE Convention of Electrical and Electronics Engineers in Israel, Proceedings). https://doi.org/10.1109/eeei.2008.4736692

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abstract = "A new method for reliability assessment and performance based incentives of power distribution systems is presented. The reliability estimation is based on a Monte-Carlo simulation of the System Average Interruption Duration Index (SAIDI). The normal distribution resulting from the simulation is used as a base for a performance based incentives scheme. In order to create an applicable model for supervisory agencies, a set of tools are used to transform geographical and operational parameters to reliability variables which are used by the simulation. The new approach is demonstrated on a case study and aggregated to the entire distribution system of the Israel Electric Corporation (IEC).",

keywords = "Performance based incentives, Power distribution, Power system reliability, Reliability estimation",

author = "Kobi Yahav and Gideon Oron and Warren Young",

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doi = "10.1109/eeei.2008.4736692",

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Yahav, K, Oron, G & Young, W 2008, Reliability assessment and performance based incentives of power distribution systems. in 2008 IEEE 25th Convention of Electrical and Electronics Engineers in Israel, IEEEI 2008., 4736692, IEEE Convention of Electrical and Electronics Engineers in Israel, Proceedings, pp. 222-226, 2008 IEEE 25th Convention of Electrical and Electronics Engineers in Israel, IEEEI 2008, Eilat, Israel, 3/12/08. https://doi.org/10.1109/eeei.2008.4736692

Reliability assessment and performance based incentives of power distribution systems. / Yahav, Kobi; Oron, Gideon; Young, Warren.
2008 IEEE 25th Convention of Electrical and Electronics Engineers in Israel, IEEEI 2008. 2008. p. 222-226 4736692 (IEEE Convention of Electrical and Electronics Engineers in Israel, Proceedings).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

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Reliability assessment and performance based incentives of power distribution systems

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Keywords

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