Comparison of analytical and non-sequential monte carlo simulation techniques for generation adequacy assessment

Abstract

Generation system adequacy is employed to estimate the ability of the power system generation units to meet the system load. The main objective of this paper is to calculate and compare the generation adequacy index Loss of Load Expectation (LOLE) of power generating units of Bangladesh using two different probabilistic techniques. The techniques are analytical and non-sequential Monte Carlo simulation techniques. Results obtained are efficient and confirm the accuracy of both methods.