Abstract
This paper proposes a risk-based approach for assessment of optimal total transfer capacity (TTC) with transient stability constraints. Probabilities and costs of contingencies are simultaneously considered in building up the TTC model. Expectation rule is adopted for the TTC decision making process. Because no risk threshold value is utilized in the TTC assessment, the TTC solution is optimal between the economics and security of system operation. Case study on the 10-generator New England test power system is reported to validate the approach.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
