Abstract
This paper presents an innovative generalized systematic approach and related analytical formulation to evaluate distribution system reliability in smart grids where islanded operation of microgrids helps to improve local and overall reliability. In order to do this, the analytical formulation involves the adequacy calculation of conventional and renewable distributed generators supplying microgrids by using probabilistic models. Adequacy is computed by means of a new general analytical expression which takes into account load shedding (user load disconnection) and curtailment (user load reduction) policies.
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