Reliability enhancement of power systems through a mean-variance approach

Shamshul Bahar Yaakob, Junzo Watada, Tsuguhiro Takahashi, Tatsuki Okamoto

    Research output: Contribution to journalArticle

    4 Citations (Scopus)

    Abstract

    Recently, power-supply failures have caused major social losses. Therefore, power-supply systems need to be highly reliable. The objective of this study is to present a significant and effective method of determining a productive investment to protect a power-supply system from damage. In this study, the reliability and risks of each of the units are evaluated with a variance-covariance matrix, and the effects and expenses of replacement are analyzed. The mean-variance analysis is formulated as a mathematical program with the following two objectives: (1) to minimize the risk and (2) to maximize the expected return. Finally, a structural learning model of a mutual connection neural network is proposed to solve problems defined by mixed-integer quadratic programming and is employed in the mean-variance analysis. Our method is applied to a power system network in the Tokyo Metropolitan area. This method enables us to select results more effectively and enhance decision making. In other words, decision-makers can select the investment rate and risk of each ward within a given total budget.

    Original languageEnglish
    Pages (from-to)1363-1373
    Number of pages11
    JournalNeural Computing and Applications
    Volume21
    Issue number6
    DOIs
    Publication statusPublished - 2012 Sep

    Fingerprint

    Electric power systems
    Quadratic programming
    Covariance matrix
    Decision making
    Neural networks

    Keywords

    • Boltzmann machine
    • Mean-variance analysis
    • Neural network
    • Power system reliability

    ASJC Scopus subject areas

    • Artificial Intelligence
    • Software

    Cite this

    Reliability enhancement of power systems through a mean-variance approach. / Yaakob, Shamshul Bahar; Watada, Junzo; Takahashi, Tsuguhiro; Okamoto, Tatsuki.

    In: Neural Computing and Applications, Vol. 21, No. 6, 09.2012, p. 1363-1373.

    Research output: Contribution to journalArticle

    Yaakob, Shamshul Bahar ; Watada, Junzo ; Takahashi, Tsuguhiro ; Okamoto, Tatsuki. / Reliability enhancement of power systems through a mean-variance approach. In: Neural Computing and Applications. 2012 ; Vol. 21, No. 6. pp. 1363-1373.
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