One of the fundamental requirements of a power system, especially in a small isolated power system (SIPS), is secure and reliable energy supply. In this paper, a novel Energy-Based System Well-being Analysis framework (EBSWBA) is presented to assess the reliability of systems containing...

The paper assesses the impact of electric-drive vehicles (EDVs) on power system reliability. For this purpose, it introduces direct optimization of reliability indices LOLE (Loss of Load Expectation) and EENS (Expected Energy Not Served). The analysis is performed by the proposed optimization...

The paper presents a new method for reliability investment decisions when a reward/penalty scheme is applied to the regulation of (distribution system operators) DSOs. The method was developed in order to facilitate the transition from (cost-based regulation) CBR to (performance-based...