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A new approach is presented in this paper to determine the degree of system well-being in the form of healthy, marginal and at risk state indices using the fuzzy logic concepts. Conventional well-being method uses a crisp deterministic criterion to divide power system comfort zone into the healthy and marginal states. In this regard, the main drawback is associated with categorising the system performance in the comfort zone into the healthy and marginal states. To overcome this problem, a new approach is developed that categorises the states as healthy or marginal using fuzzy logic. The technique together with the effects on the system risk and the system health and margin probabilities of... 

The concerns of regulatory authority for the cost efficiency and service quality of distribution utilities has led them to implement monetary schemes, such as penalty/reward mechanism (PRM). PRM provides explicit financial incentives for distribution system operators (DSO) to maintain or improve their efficiency and quality of service. Although the effectiveness of the PRM is proven, analytical tools that can handle the complex decision-making process faced by decision makers to respond to PRM are scarce. This paper presents an approach for distribution system maintenance management in the presence of the PRM. The proposed approach tailors the maintenance plans by taking into account the... 

The concerns of regulatory authority for the cost efficiency and service quality of distribution utilities has led them to implement monetary schemes, such as penalty/reward mechanism (PRM). PRM provides explicit financial incentives for distribution system operators (DSO) to maintain or improve their efficiency and quality of service. Although the effectiveness of the PRM is proven, analytical tools that can handle the complex decision-making process faced by decision makers to respond to PRM are scarce. This paper presents an approach for distribution system maintenance management in the presence of the PRM. The proposed approach tailors the maintenance plans by taking into account the... 

This paper presents a priority based dynamic programming approach for long term maintenance scheduling of overhead distribution networks. The proposed approach is based on risk management approach and utilizes the model of decoupled risk factors. Two heuristic factors are defined and utilized in order to establish a maintenance priority list and to curtail the dynamic programming search space. The proposed methodology yields a significant computational saving compare to the previously reported dynamic programming. Risk management approach enables the asset managers to consider the actual condition of electrical equipments and expected consequence of their failures. Furthermore, the decoupled... 

This paper proposes a stochastic mixed-integer programming (SMIP) model for the reliability-constrained unit commitment (RCUC) problem. The major objective of the paper is to examine both features of accuracy and efficiency of the proposed SMIP model of RCUC. The spinning reserve of generating units is considered as the only available reserve provision resource; however, the proposed formulation can be readily extended to comprise the other kind of reserve facilities. Expected load not served (ELNS) and loss of load probability (LOLP) are accommodated as the reliability constraints. Binding either or both reliability indices ensures the security of operation incorporating the stochastic... 

This paper proposes a stochastic mixed-integer programming (SMIP) model for the reliability-constrained unit commitment (RCUC) problem. The major objective of the paper is to examine both features of accuracy and efficiency of the proposed SMIP model of RCUC. The spinning reserve of generating units is considered as the only available reserve provision resource; however, the proposed formulation can be readily extended to comprise the other kind of reserve facilities. Expected load not served (ELNS) and loss of load probability (LOLP) are accommodated as the reliability constraints. Binding either or both reliability indices ensures the security of operation incorporating the stochastic...