Reliability Standards for the Operation and Planning of Future Electricity Networks
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This clearly requires explicit consideration of the likelihood of various outages (beyond those considered in deterministic studies) and quantification of their impacts on alternative network operation and investment decisions, which cannot be undertaken in a deterministic, "one size fits all" framework.
Through various case studies conducted on the Great Britain (GB) power network, this monograph sets out the key questions that need to be addressed in support of change in the network reliability paradigm. It provides an overview of the key modelling approaches proposed for assessing the risk profile of operation of future networks, proposes a framework for a fundamental review of the existing network security standards, and sets out challenges for assessing the reliability and economics of the operation of future electricity networks"".