Generation capacity adequacy evaluation based on peak load consideration

Abstract

This paper describes a new methodology based on peak load consideration for reliability evaluation of a generation system. The methodology has been developed using Simpson’s (1/3)rd rule for loss of load probability (LOLP) evaluation. Load models are considered as straight line and stepped load duration curve for reliability evaluation. The LOLP evaluation is based on peak load consideration. The probability of load exceeding the generating capacity has also been considered in LOLP evaluation.