Extended models, methods, and applications in power systemrisk assessmentRisk Assessment of Power Systems: Models, Methods, andApplications, Second Edition fills the gap between risk theoryand real-world application. Author Wenyuan Li is a leadingauthority on power system risk and has more than twenty-five yearsof experience in risk evaluation. This book offers real-worldexamples to help readers learn to evaluate power system risk duringplanning, design, operations, and maintenance activities.Some of the new additions in the Second Editioninclude:* New research and applied achievements in power system riskassessment* A discussion of correlation models in risk evaluation* How to apply risk assessment to renewable energy sources andsmart grids* Asset management based on condition monitoring and riskevaluation* Voltage instability risk assessment and its application tosystem planningThe book includes theoretical methods and actual industrialapplications. It offers an extensive discussion of component andsystem models, applied methods, and practical examples, allowingreaders to effectively use the basic concepts to conduct riskassessments for power systems in the real world. With everyoriginal chapter updated, two new sections added, and five entirelynew chapters included to cover new trends, Risk Assessment ofPower Systems is an essential reference.
