Abstract

A comprehensive risk based security assessment which includes low voltage, line overload and voltage collapse was presented using a relatively new neural network technique called as the generalized regression neural network (GRNN) with incorporation of feature extraction method using principle component analysis. In the risk based security assessment formulation, the failure rate associated to weather condition of each line was used to compute the probability of line outage for a given weather condition and the extent of security violation was represented by a severity function. For low voltage and line overload, continuous severity function was considered due to its ability to zoom in into the effect of near violating contingency. New severity function for voltage collapse using the voltage collapse prediction index was proposed. To reduce the computational burden, a new contingency screening method was proposed using the risk factor so as to select the critical line outages. The risk based security assessment method using GRNN was implemented on a large scale 87-bus power system and the results show that the risk prediction results obtained using GRNN with the incorporation of principal component analysis give better performance in terms of accuracy.

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