Cost-Benefit Analysis Method for Disaster Prevention and Restoration Resource Investment in Power Systems Based on Resilience Assessment

A resilient power system is crucial for ensuring the power stability and safety. Pre-allocating flexible resources ensures of power system’s reliable supply. This article studies an analysis method for resource investment from an angle of cost-effectiveness. A probabilistic resilience assessment method is used to evaluate performance during the disaster. The life cycle cost model is also applied to analysis. The proposed framework offers guidance to power system in resource investment planning.

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Published
2024-11-29
DOI
https://doi.org/10.1109/ei264398.2024.10991619
Primary Topic
Smart Grid and Power Systems
Type
article
Field-Weighted Citation Impact
0.00

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article

Cost-Benefit Analysis Method for Disaster Prevention and Restoration Resource Investment in Power Systems Based on Resilience Assessment

Zijie Meng, Jianjun He, Longteng Wu, Yiheng Bian et al.
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Smart Grid and Power Systems
article

Cost-Benefit Analysis Method for Disaster Prevention and Restoration Resource Investment in Power Systems Based on Resilience Assessment

Zijie Meng, Jianjun He, Longteng Wu, Yiheng Bian, Xinlei Cai, Gengfeng Li, Xin Hu
article en

Abstract

A resilient power system is crucial for ensuring the power stability and safety. Pre-allocating flexible resources ensures of power system’s reliable supply. This article studies an analysis method for resource investment from an angle of cost-effectiveness. A probabilistic resilience assessment method is used to evaluate performance during the disaster. The life cycle cost model is also applied to analysis. The proposed framework offers guidance to power system in resource investment planning.

State Key Laboratory of Electrical Insulation and Power Equipment, China Southern Power Grid (China) (CN), Xi'an Jiaotong University (CN)
China Southern Power Grid
Climate action
Openalex Percentile: Top 72%
Smart Grid and Power Systems
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