Generating System Adequacy Assessment

Generating system adequacy assessment (HL1) is used to evaluate the ability of the system generating capacity to satisfy the total system load. This assessment can be conducted using either an analytical technique or the Monte Carlo method. A considerable number of papers involving analytical techniques are listed in References.(1–7) This chapter does not attempt to reiterate these analytical techniques but focuses an application of the Monte Carlo method in generating system adequacy assessment. Monte Carlo simulation can be considered to be more preferable than an analytical approach in situations which involve, for example, the following considerations: 1.Time-dependent or chronological issues are considered.2.The duty cycle of peaking units are modeled.3.Nonexponential component state duration distributions are considered.4.Distributions of reliability indices are required.5.A large unacceptable set of states (unfeasible range) in multi-area generation system studies is involved.