Contingency analysis and ranking are important tasks in modern electrical power systems which aim at keeping the power system secure, reliable, and stable. N-1 contingency is the loss of any one component of power system and is obviously the most frequent contingency in power system. Contingency ranking has most often been done using deterministic indices which can be either active power performance index (PIP), voltage performance index (PIV) or the overall performance index (PI). Power system contingencies are ranked based on the calculated Performance index for each contingency. Ranking is from the contingency with the highest performance index first and proceeds in a descending manner which corresponds to the most severe to the least severe contingency. Due to the fact that Contingencies are unpredictable events, researchers of recent have suggested the inclusion of the probability of the occurrence of a contingency in its ranking index. This makes the index probabilistic. In this work, the development and application of probabilistic performance index for ranking N-1 contingencies is considered. It is illustrated with a case study.
Development and Application of Probabilistic Performance Index for Ranking N-1 Contingencies
