Abstract:In this paper we start by recalling the seminal concepts underlying adaptive reliability of Tom Dy Liacco conceived almost four decades ago [1]. Unfortunately, these concepts have not developed nor have been adopted by the industry yet. Recent efforts toward grid modernization will fall short of the anticipated expectations unless this gets implemented. Two distinct, yet related, challenges and opportunities are: 1) making electric energy services reliable and secure over broad ranges of conditions created by … Show more
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