Reliability Assessment of Power Systems with Warm Standby and Energy Storage

In power systems, warm standby and energy storage are usually employed for enhancing system reliability. Warm standby as an energy-saving redundancy can provide performance with less energy consumption comparing with hot standby. Apart from redundancy technique, the energy storage devices can transfer the system performances between different time periods to improve system reliability. However, there is a lack of literature in the reliability analysis of power systems with the integration of both techniques. In this paper, the model for power systems with warm standby and energy storage is proposed. The multi-valued decision diagram (MDD) technique is developed to achieve the reliability assessment of the proposed systems. The illustrative example is provided to verify the proposed model and method.