Component replacement analysis in the power industry

Jose F. Espiritu, David W. Coit

Research output: Contribution to conferencePaperpeer-review

Abstract

A component replacement analysis algorithm to solve replacement problems for electricity transmission and distribution systems is developed. The aim is to obtain optimal system-level component replacement schedules over a finite planning horizon with the objective of minimizing the total Net Present Value of unmet demand, maintenance and purchase costs. The method is applied to radial and interconnected power systems configurations.

Original languageEnglish (US)
Pages70-74
Number of pages5
StatePublished - 2009
Event15th ISSAT International Conference on Reliability and Quality in Design - San Francisco, CA, United States
Duration: Aug 6 2009Aug 8 2009

Other

Other15th ISSAT International Conference on Reliability and Quality in Design
Country/TerritoryUnited States
CitySan Francisco, CA
Period8/6/098/8/09

All Science Journal Classification (ASJC) codes

  • Safety, Risk, Reliability and Quality

Keywords

  • Optimization
  • Power systems
  • Replacement analysis

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