Accelerating System Adequacy Assessment using the Multilevel Monte Carlo Approach
@article{Tindemans2019AcceleratingSA, title={Accelerating System Adequacy Assessment using the Multilevel Monte Carlo Approach}, author={Simon Tindemans and Goran Strbac}, journal={ArXiv}, year={2019}, volume={abs/1910.13013} }
5 Citations
Multilevel Monte Carlo with Surrogate Models for Resource Adequacy Assessment
- Computer Science2022 17th International Conference on Probabilistic Methods Applied to Power Systems (PMAPS)
- 2022
The high accuracy and inference speed of machine-learned surrogates result in very large speedups, compared to using MLMC with hand-built models.
Composite Power System Reliability with Renewables and Customer Flexibility
- Engineering2022 17th International Conference on Probabilistic Methods Applied to Power Systems (PMAPS)
- 2022
Composite Power System Reliability is defined as the computational procedure that quantifies the probability that the power system will perform the function of delivering electric power to customers…
Bibliography on Composite System Reliability Assessment 2000-2020
- Engineering2022 17th International Conference on Probabilistic Methods Applied to Power Systems (PMAPS)
- 2022
This paper presents a bibliography on composite power system reliability evaluation. It includes material which has become available since the publication of eight previous papers, "Bibliography on…
Stochastic Diffusion Process-based Multi-Level Monte Carlo for Predictive Reliability Assessment of Distribution System
- EngineeringU.Porto Journal of Engineering
- 2021
Reliability assessment of electrical distribution systems is an important criterion to determine system performance in terms of interruptions. Probabilistic assessment methods are usually used in…
Joint assessment of generation adequacy with intermittent renewables and hydro storage: A case study in Finland
- Environmental Science, Engineering
- 2021
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Improving Monte Carlo simulation efficiency of level-I blackout probabilistic risk assessment
- Physics2014 International Conference on Probabilistic Methods Applied to Power Systems (PMAPS)
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Blackouts in power systems are due to cascading failures whose typical development can be split in two phases: a slow cascade and a fast cascade. Once a blackout occurred, the restoration is as an…
Generating Capacity Reliability Evaluation Based on Monte Carlo Simulation and Cross-Entropy Methods
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A new Monte Carlo simulation (MCS) approach based on cross-entropy (CE) method to evaluate generating capacity reliability (GCR) indices using an auxiliary importance sampling density function, whose parameters are obtained from an optimization process that minimizes the computational effort of the MCS estimation approach.
Minimizing Unserved Energy Using Heterogeneous Storage Units
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A policy is presented and shown to minimize unserved energy during supply-shortfall events, regardless of the supply and demand profiles, and a discrete time optimal policy is conceived, in both analytic and algorithmic forms.
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The basic concepts of Power System Reliability Evaluation and Elements of Monte Carlo Methods and Reliability Cost/Worth Assessment are explained.
Multi-index Monte Carlo: when sparsity meets sampling
- Computer Science, MathematicsNumerische Mathematik
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The MIMC method is both a stochastic version of the combination technique introduced by Zenger, Griebel and collaborators and an extension of the multilevel Monte Carlo (MLMC) method first described by Heinrich and Giles.
Cross-Entropy Based Rare-Event Simulation for the Identification of Dangerous Events in Power Systems
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A general framework for exploiting the CE method in the context of power system reliability evaluation, when a severity function defined on the set of possible events is available, is proposed.
The IEEE Reliability Test System-1996. A report prepared by the Reliability Test System Task Force of the Application of Probability Methods Subcommittee
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This report describes an enhanced test system (RTS-96) for use in bulk power system reliability evaluation studies. The value of the test system is that it will permit comparative and benchmark…
Multilevel Monte Carlo methods
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The ideas behind the multilevel Monte Carlo method are reviewed, and various recent generalizations and extensions are discussed, and a number of applications which illustrate the flexibility and generality of the approach are discussed.