Grid reliability analysis as a tool for effective asset management
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Abstract
The paper deals with current trends of asset management within utilities. On the one side distribution utilities are motivated to make profit, on the other side there are requirements from the customers respectively regulatory to ensure reliable and safe electricity supplying. To be more closely to these two issues it is necessary to realize comprehensive and sophisticated analyses and consequential optimizations for responsible decision making. One of the ways to get answers for e.g. future financial development influenced by improvement of reliability is to know condition of grid.
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Generation of Electricity, Transmission, Distribution and Consumption of Electricity
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