Unpredictable variations in load demand and unanticipated component failures are progressively impacting the operation of modern power systems, making system evaluation more stochastic in nature. Although deterministic approaches were formerly the norm for determining system status, probabilistic approaches have greatly improved the capacity to capture the stochastic behavior characteristic of power system operations. The presented work in the paper recommends the use of probabilistic modelling approaches with deterministic approaches, highlighting their crucial function in augmenting the reliability and security of contemporary power systems to unanticipated failures. In this paper, N − 1 security criteria based reliability of the composite power system (CPS) is proposed using an integrated deterministic and probabilistic framework (D-P) considering outage of the transmission line. For the deterministic approach (DA), line overloading on available lines is determined using the static security index (SSI). For the probabilistic approach (PA), reliability indices such as expected loss of power (ELOP), expected frequency of contingency (EFOC), expected loss of load (ELOL), probability of load curtailment (PLC), and expected duration of load curtailments (EDLC) are calculated. Further, for each contingency, a performance index is determined using both approaches to assess the severity of the contingency that occurred on the power system. Based on the N − 1 security criteria based reliability analysis using an integrated D-P framework, a credible critical set of transmission lines is obtained, which can serve as important information to system operators. The proposed techniques have been tested on IEEE 24 bus reliability test system (RTS).
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