Abstract
Asset management is employed in power distribution companies to compensate for financial restrictions. Developmental proposals to be efficient should be made based on priorities, which are usually determined according to the security status of the system. This paper proposes twofold schemes to identify critical power distribution feeders for future secure operation, according to three criteria, i.e., voltage drop, losses, and feeder loading margin. The multi-criteria decision-making (MCDM) concept is utilized for this purpose. As the first proposed scheme, the fuzzy Best-Worst method (FBWM) is used to weight system criteria through experts’ judgments. Outcome weights are utilized to prioritize feeders via the VIKOR technique. For the second scheme, simultaneous evaluation of criteria and alternatives (SECA) as another new approach is employed to weight criteria and rank feeders at the same time without relying on experts’ opinions. Finally, the results of integrated FBWM-VIKOR and SECA are compared with the other MCDM methods to verify the effectiveness of proposed approaches.
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