A Reliability Evaluation Method of Generation and Transmission Systems Based on Sequential Monte-Carlo Simulation

As the reliability evaluation of multiple faults in generation and transmission systems could easily lead to the “curse of dimensionality,” a reliability evaluation method of generation and transmission systems based on sequential Monte-Carlo simulation is put forward in this chapter. The thought of this method is “space for time” and it accelerates reliability evaluation process by storing system states and stating evaluation results. Besides, this method transforms multiple faults to single fault, which achieves both the goals of an accurate evaluation of multiple faults and small extra computation. This chapter gives the flowchart of this method and verifies its advantages of reliability evaluation in large-scale generation and transmission systems by considering the example of IEEE-RTS79.