TY - JOUR
T1 - New metrics for assessing the reliability and economics of microgrids in distribution system
AU - Wang, Shouxiang
AU - Li, Zhixin
AU - Wu, Lei
AU - Shahidehpour, Mohammad
AU - Li, Zuyi
PY - 2013
Y1 - 2013
N2 - This paper proposes a series of new metrics for the reliability and economic assessment of microgrids in distribution system. These metrics include reliability parameters for a microgrid in the islanded mode, indices indicating distributed generation (DG) and load characteristics in the microgrid, microgrid economic indices, and customer based microgrid reliability indices. A two-step Monte Carlo simulation (MCS) method is proposed to assess the reliability and economics of a microgrid with intermittent DGs as well as the reliability of distribution system with microgrids. An application in IEEE-RBTS shows the effectiveness of the reliability and economic assessment technique with the proposed metrics, which can provide scientific and comparative information for the design and operation of microgrids.
AB - This paper proposes a series of new metrics for the reliability and economic assessment of microgrids in distribution system. These metrics include reliability parameters for a microgrid in the islanded mode, indices indicating distributed generation (DG) and load characteristics in the microgrid, microgrid economic indices, and customer based microgrid reliability indices. A two-step Monte Carlo simulation (MCS) method is proposed to assess the reliability and economics of a microgrid with intermittent DGs as well as the reliability of distribution system with microgrids. An application in IEEE-RBTS shows the effectiveness of the reliability and economic assessment technique with the proposed metrics, which can provide scientific and comparative information for the design and operation of microgrids.
KW - Distributed generation
KW - microgrid
KW - reliability assessment
UR - http://www.scopus.com/inward/record.url?scp=84881030224&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84881030224&partnerID=8YFLogxK
U2 - 10.1109/TPWRS.2013.2249539
DO - 10.1109/TPWRS.2013.2249539
M3 - Article
AN - SCOPUS:84881030224
SN - 0885-8950
VL - 28
SP - 2852
EP - 2861
JO - IEEE Transactions on Power Systems
JF - IEEE Transactions on Power Systems
IS - 3
M1 - 6480908
ER -