A Hybrid Monte Carlo Simulation and Multi Label Classification Method for Composite System Reliability Evaluation.

This paper presents a new approach for reliability evaluation of composite power systems by combining Monte Carlo simulation and multi label k-nearest neighbor (MLKNN) algorithm. MLKNN is a classification technique in which target vector of each instance is assigned into multiple classes. In this paper, MLKNN is used to classify states (failure or success at system or bus level) of a complete power system without requiring optimal power flow (OPF) analysis, except in the training phase. As a result, the computational burden to perform OPF is reduced dramatically. For illustration, the proposed method is applied to the IEEE 30 BUS Test System and IEEE Reliability Test System. The obtained results from various case studies demonstrate that MLKNN based reliability evaluation provides promising results in both classification accuracy and computation time in evaluating the composite power system reliability. [ABSTRACT FROM AUTHOR]