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Applications of Monte Carlo Simulation

  • Roy Billinton
  • Ronald N. Allan
Chapter

Abstract

Previous chapters have centered almost exclusively on the use of analytical techniques. The only exceptions are the opening discussion in Chapter 1 and the brief use of simulation techniques in Section 9 of Chapter 7. However, as discussed in Chapter 1, there are two general approaches for assessing system reliability: the direct analytical method and simulation methods. It is therefore appropriate to describe the application of simulation techniques to power system reliability problems, to discuss the basic procedures used, and to illustrate the approach with some relatively simple examples in a similar way to that used for discussion of the analytical methods.

Keywords

Monte Carlo Simulation Load Point Load Model Sequential Simulation Outage Time 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media New York 1996

Authors and Affiliations

  • Roy Billinton
    • 1
  • Ronald N. Allan
    • 2
  1. 1.College of EngineeringUniversity of SaskatchewanSaskatoonCanada
  2. 2.Institute of Science and TechnologyUniversity of ManchesterManchesterEngland

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