NDLI: Combining analytical models and Monte-Carlo techniques in probabilistic power system analysis

Content Provider	IEEE Xplore Digital Library
Author	Pereira, M.V.F. Maceira, M.E.P. Oliveira, G.C. Pinto, L.M.V.G.
Copyright Year	1969
Abstract	The authors describe a general framework for combining analytical models and Monte Carlo simulation. The basic idea is to use a simpler analytical model as an approximation to a more detailed model in a Monte Carlo simulation scheme. The simulation then deals with the residual, i.e. the difference between the result of the detailed model and the approximation. The component of probabilistic indices which can be explained by the analytical model is factored out of the Monte Carlo sampling scheme, which then handles only the unexplained residuals. The proposed scheme is flexible and easy to implement, as no modification of existing analytical models is required. The approach is illustrated in case studies with utility-derived systems in several application areas: composite reliability evaluation, multi-area production costing, chronological production costing with ramping constraints, and operation of a multireservoir hydroelectric system.<>
Sponsorship	IEEE Power Engineering Society
Starting Page	265
Ending Page	272
Page Count	8
File Size	925185
File Format	PDF
ISSN	08858950
Volume Number	7
Issue Number	1
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	1992-02-01
Publisher Place	U.S.A.
Access Restriction	One Nation One Subscription (ONOS)
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Analytical models Power system analysis computing Power system modeling Costing Power system reliability Production systems Monte Carlo methods Power system planning Costs Computational modeling
Content Type	Text
Resource Type	Article
Subject	Energy Engineering and Power Technology Electrical and Electronic Engineering

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4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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