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 language | English (US) |
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Pages | 70-74 |
Number of pages | 5 |
State | Published - 2009 |
Event | 15th ISSAT International Conference on Reliability and Quality in Design - San Francisco, CA, United States Duration: Aug 6 2009 → Aug 8 2009 |
Other
Other | 15th ISSAT International Conference on Reliability and Quality in Design |
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Country/Territory | United States |
City | San Francisco, CA |
Period | 8/6/09 → 8/8/09 |
All Science Journal Classification (ASJC) codes
- Safety, Risk, Reliability and Quality
Keywords
- Optimization
- Power systems
- Replacement analysis