Risk Assessment of Power Systems
Models, Methods, and Applications
IEEE Press Series on Power Engineering

2. Edition April 2014
560 Pages, Hardcover
Wiley & Sons Ltd
Extended models, methods, and applications in power system
risk assessment
Risk Assessment of Power Systems: Models, Methods, and
Applications, Second Edition fills the gap between risk theory
and real-world application. Author Wenyuan Li is a leading
authority on power system risk and has more than twenty-five years
of experience in risk evaluation. This book offers real-world
examples to help readers learn to evaluate power system risk during
planning, design, operations, and maintenance activities.
Some of the new additions in the Second Edition
include:
* New research and applied achievements in power system risk
assessment
* A discussion of correlation models in risk evaluation
* How to apply risk assessment to renewable energy sources and
smart grids
* Asset management based on condition monitoring and risk
evaluation
* Voltage instability risk assessment and its application to
system planning
The book includes theoretical methods and actual industrial
applications. It offers an extensive discussion of component and
system models, applied methods, and practical examples, allowing
readers to effectively use the basic concepts to conduct risk
assessments for power systems in the real world. With every
original chapter updated, two new sections added, and five entirely
new chapters included to cover new trends, Risk Assessment of
Power Systems is an essential reference.
authorities on risk assessment of power systems and has been active
in power system risk and reliability evaluation for more than
twenty-five years. He is a full professor with Chongqing
University, China, and a principal engineer at BC Hydro, Canada. He
is a fellow of the Canadian Academy of Engineering, the Engineering
Institute of Canada, and the IEEE, and received ten international
awards due to his significant contributions in the power system
risk assessment field.