I. Introduction
Power system owners are facing major challenges with changed electricity consumption and production patterns; more distributed generation and increased demand of cost efficiency while maintaining high reliability. Structural refurbishments are hence needed to be increased in power systems to meet future requirements. Today, the capacity of power components often is set with static limits based on simulations of worst case scenarios. This leads to a discrepancy between the actually-available capacity and the rating itself which unfortunately is left unused. [1] In order to use this unused capacity, it is important to formulate ratings on statically-set thermal limits and sags.