Reliability Modeling and Analysis of Smart Power Systems

The volume presents the research work in understanding, modeling and quantifying the risks associated with different ways of implementing smart grid technology in power systems in order to plan and operate a modern power system with an acceptable level of

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For further volumes: http://www.springer.com/series/10855

Rajesh Karki • Roy Billinton • Ajit Kumar Verma Editors

Reliability Modeling and Analysis of Smart Power Systems

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Editors Rajesh Karki Department of Electrical and Computer Engineering University of Saskatchewan Saskatoon, SK Canada

Ajit Kumar Verma Stord/Haugesund University College Haugesund Norway

Roy Billinton Department of Electrical and Computer Engineering University of Saskatchewan Saskatoon, SK Canada

ISBN 978-81-322-1797-8    ISBN 978-81-322-1798-5 (eBook) DOI 10.1007/978-81-322-1798-5 Springer New Delhi Heidelberg New York Dordrecht London Library of Congress Control Number: 2014934187 © Springer India 2014 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)

Preface

This book series titled “Reliable and Sustainable Electric Power and Energy Systems Management” intends to provide a platform for researchers, planners, and policy makers to share their research outputs, ideas, and opinions on the critical issue of sustainable and reliable power and energy systems, and provide impetus for critical research in this highly important area for modern society in the context of a meshed and complex environment that is affected by events taking place throughout the world. This is the second volume