Abstract
This paper describes a methodology for determination of optimum failure rate and repair time for each component of a meshed distribution system. In this paper the reliability indices for a sample meshed network are optimized. An objective function incorporating customer and energy based reliability indices and their target values is formulated. These indices are function of failure rate and repair time of a section of a distribution network. Modification of failure rate and repair time modifies the cost attached to them. Hence the optimization of the objective function is achieved by modifying the failure rate and repair time of each section of the meshed distribution system accounting constraint on budget allocated. The problem has been solved using population based differential evolution and bare bones particle swarm optimization techniques and results have been compared for a sample meshed distribution system.
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