Reliability & Operational Performance
of Electric Power Systems

The current trend in modern power systems is to foster greater competition to enhance performance and efficiency in electricity generation, transmission, and distribution. As competition increases in the modern energy market, the significance of power systems grows, especially concerning competition-related challenges. The reliability of power systems, along with the reliability indices for the service provided to customers, are key factors considered during system planning and operation. Consequently, it is essential for power system operators, energy suppliers, and customers to follow specific planning and operational guidelines to ensure safe and reliable operations. All of these factors require probabilistic modeling and assessment, as deterministic standards and criteria cannot fully capture the complexities of power systems and their interactions with customers. The goal of the Reliability & Operational Performance of Electric Power Systems training course is to highlight the critical areas where probabilistic modeling and evaluation are necessary.

This training course will feature:

• State of the art knowledge of the available computational methods
• Efficient computational methods that can be applied for the analysis of the respective reliability problems (analytical techniques, simulation approaches)
• Description of the appropriate sets of reliability indices that need to be calculated
• Presentation of application examples by using practical power systems and case studies
• Important conclusions concerning the necessary procedures and practices for the planning and operation of Power Systems in the competitive market environment

By the end of this training course, participants will be able to:

• Determine the most important areas of power systems that need probabilistic modeling and evaluation assessment
• Understand the main features of the computational methods that are available for the reliability modeling
• Understand the main reliability indices that need be calculated for the quantification of load point and system performance
• Carry out practical reliability assessment studies
• Compare and justify alternative schemes for power system reinforcement

This Reliability & Operational Performance of Electric Power Systems training course is suitable to a wide range of professionals that need to have an intermediate level of knowledge for power system analysis and probabilistic theory. These include:

• Professionals of Electric Power Utilities, System Operators (Independent System Operators – ISOs, Regional Transmission Operators – RTOs, Transmission System Operators - TSOs)
• Professionals of Regulation Authorities
• Professionals of Large Industrial and Commercial Companies
• Power System Consultants
• Researchers and Post-Graduate Students of Universities

This Reliability & Operational Performance of Electric Power Systems training course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. These mainly include appropriate Power Point slides that have efficiently been developed in order to contain all the necessary information being required for the complete knowledge of the respective theoretical and practical subjects. Appropriate examples are also given so that the main points of each topic are better understood. A set of notes containing all the slides of the presentations will be available together with an extended list of references (books, papers, technical reports, etc.).