Analysis of the Correlation Between Reliability Indices and Outage Costs in MVDC Systems

This study analyzes the correlation between reliability indices and outage costs in Medium Voltage Direct Current (MVDC) systems. By evaluating key reliability indices such as SAIDI, SAIFI, and EENS, the outage costs were calculated. The analysis results show a strong positive correlation between the reliability indices and outage costs, indicating that a decrease in reliability leads to increased economic losses. Based on these findings, we propose reliability improvement strategies for the efficient and stable operation of MVDC systems. This study provides fundamental data for enhancing the reliability of MVDC systems and contributes to improving the economic efficiency of power system operations.

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Publication Details

Journal
The Transactions of The Korean Institute of Electrical Engineers
Published
2024-11-28
DOI
https://doi.org/10.5370/kiee.2024.73.11.2060
Primary Topic
Power System Reliability and Maintenance
Type
article
Field-Weighted Citation Impact
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article

Analysis of the Correlation Between Reliability Indices and Outage Costs in MVDC Systems

Dong‐il Cho, J. D. Nam, Yun-Jin Cho, Tae-Yang Nam et al.
The Transactions of The Korean Institute of Electrical Engineers
Power System Reliability and Maintenance
article

Analysis of the Correlation Between Reliability Indices and Outage Costs in MVDC Systems

Dong‐il Cho, J. D. Nam, Yun-Jin Cho, Tae-Yang Nam, Won-Sik Moon, Seongjun Park
article en

Abstract

This study analyzes the correlation between reliability indices and outage costs in Medium Voltage Direct Current (MVDC) systems. By evaluating key reliability indices such as SAIDI, SAIFI, and EENS, the outage costs were calculated. The analysis results show a strong positive correlation between the reliability indices and outage costs, indicating that a decrease in reliability leads to increased economic losses. Based on these findings, we propose reliability improvement strategies for the efficient and stable operation of MVDC systems. This study provides fundamental data for enhancing the reliability of MVDC systems and contributes to improving the economic efficiency of power system operations.

The Transactions of The Korean Institute of Electrical EngineersVol. 73(11)
Openalex Percentile: Top 74%
Power System Reliability and Maintenance
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