System reliability and risk management: Effects on system Planning, operation, asset management, and security

The goal of risk assessment of reliability performance is to provide a view of risks to reliability based on historic performance. The objective is to integrate many ongoing efforts underway providing technical analysis and feedback on risk attributes and reliability trends to stakeholders, regulato...

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Bibliographic Details
Main Author: Lauby, M. G.
Format: Conference Proceeding
Language:English
Subjects:
Bulk Power System
Data Collection
Indexes
Industries
Measurement
Outage Data
Power system reliability
Reliability
Risk Assessment
Risk management
Transmission
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Description
Summary:The goal of risk assessment of reliability performance is to provide a view of risks to reliability based on historic performance. The objective is to integrate many ongoing efforts underway providing technical analysis and feedback on risk attributes and reliability trends to stakeholders, regulators, policymakers and industry. This assessment requires advanced development and understanding of risk attributes impacting reliability performance and the corresponding metrics that provide insight to the performance of the bulk power system.
ISSN:1932-5517
DOI:10.1109/PESGM.2012.6344694