Application of the minimal cut set reliability analysis methodology to the gold book standard network

This is the third paper in a series applying different reliability analysis techniques to the standard network developed by the Reliability Analysis Methods Working Group of the Reliability Subcommittee for the Gold Book (IEEE Standard 493). The current (1997) edition of the Gold Book briefly discusses several analysis techniques, but fails to identify their strengths and weaknesses or suggest which techniques may be most appropriate in particular circumstances. Because this book is used as the primary reference for many engineers interested in power system reliability issues, and because software for performing reliability analysis is becoming widely available, users of the standard would benefit from additional content that would help them in selecting analysis techniques and interpreting their results. This paper wiU present the results of calculating reliability indices at the output buses of the standard system using the minimal cut set methodology, which currently receives the greatest emphasis in Standard 493. The basic principles of this analysis technique, as well as its advantages and disadvantages, will he discussed. This paper and others that present the application of other analysis techniques to the standard system will serve as the basis for expanding the treatment of reliability analysis techniques in the upcoming revision of the Gold Book. Nomendaiure