@inproceedings{ea9806fc0c084f35a0eee88252f9a446,
title = "Transient instability risk assessment",
abstract = "This paper presents an approach to calculate the risk of transient instability of an operating point for a power system. Risk is defined as the product of the probability of transient instability and the cost consequences of this instability in the event that it occurs. This measure combines the security aspects with the economics and gives an objective idea of the 'danger' associated with any operating point. The approach also accounts for the presence of special protection systems (SPS) and demonstrates the approach for the most common type of SPS-generation rejection scheme (GRS).",
keywords = "Generation rejection scheme (GRS), Probabilistic risk, Reliability, Transient stability assessment",
author = "V. Vittal and McCalley, {J. D.} and {Van Acker}, V. and W. Fu and N. Abi-Samra",
note = "Funding Information: Acknowledgements The authors would like to thank the Foundation of Science and Technology, Portugal - PRAXIS XXI Program BD/9298/96 for the financial support granted to V. Van Acker. Funding for this work came from the EPRI Contract W08604-01, and the National Science Foundation, Grant ECS9502790. The authors also acknowledge the contributions of graduate students previously or presently involved in this work, including A. Irizarry-Rivera, Hua Wan, Weihui Fu, Vincent Van Acker, Sanyi Zhao, and Youjie Dai. Publisher Copyright: {\textcopyright} 1999 IEEE.; 1999 IEEE Power Engineering Society Summer Meeting, PES 1999 ; Conference date: 18-07-1999 Through 22-07-1999",
year = "1999",
doi = "10.1109/PESS.1999.784347",
language = "English (US)",
series = "1999 IEEE Power Engineering Society Summer Meeting, PES 1999 - Conference Proceedings",
publisher = "Institute of Electrical and Electronics Engineers Inc.",
pages = "206--211",
booktitle = "1999 IEEE Power Engineering Society Summer Meeting, PES 1999 - Conference Proceedings",
}