Pragmatic method for assessing the security of supply in future smart distribution networks
David Greenwood, Predrag Djapić, Ilias Sarantakos, Spyros Giannelos, Goran Štrbac, Alan Creighton
Abstract
Future distribution networks will be able to provide security of supply through a combination of conventional and smart solutions. This has the potential to require complex and time-consuming assessments using cost-benefit analysis and probabilistic, risk-based methods. The key goal of this project is to create a method for evaluating the security of supply from a combination of conventional and smart solutions which is rigorous enough to provide robust answers, but simple enough that it can be used routinely by planning engineers without in-depth knowledge of risk, statistics, probability, or reliability theory. This will be accomplished through an iterative, data-driven approach and validated via established risk analysis methods. This study presents underpinning analysis for the development of that method, including in-depth risk studies and sensitivity analysis of real distribution networks.