Abstract
One of the main objectives of electric power utilities keeping up a continuous and adequate power supply to the customers at a sensible cost. This paper contributes to the solution of the reliability and quality assessment problems in power systems, using the (N-2) outage contingency scenario to evaluate power system's reliability and quality levels. Therefore, the methodology presented in this paper is based on the integration of reliability measures, quality indices, and contingency analysis. While reliability formulas have traditionally been applied to small and illustrative power systems, large-scale reliability and quality assessment go far beyond direct implementation of formulas. Systems with hundreds of buses and tens of complex stations can only be analyzed using advanced and numerically effective large-scale algorithms for reliability and quality assessment as demonstrated in this paper.