Risk Assessment Methods

 

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  • Product Description
 

The current trend in assessment of economic efficiency of power system is towards the introduction of reliability inputs and outputs into risk management programs that are able to assist the regulator and power utility in undertaking decisions concerning system planning and operation. This book, therefore, provides a new framework of risk assessment of power systems which combines the precision of a probabilistic method with the flexibility and correctness of customer and interruption parameters. The framework is presented in the form of case studies and a new reliability worth index is derived. The risk-based approach applied to the interpretation of risk-based interruption cost (RBIC) index significantly influences the perception on the network's reliability performance and allows the uncertainty in a network planning or operation decision to be quantified. Use of the new reliability worth index offer more flexibility in reliability worth assessment and produce more accurate results. It can be used in all areas of power system reliability worth assessment which have always been exclusive domain of the average process.

Product Specifications
SKU :COC79677
AuthorOliver Dzobo
LanguageEnglish
BindingPaperback
Number of Pages160
Publishing Year2014-03-25T00:00:00.000
ISBN9783848437740
Edition1 st
Book TypeAerospace & aviation technology
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-10-08 00:00:00
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