Abstract:Budget allocation for power system reliability improvement is considered among the sophisticated problems because of its nonlinear nature. This nonlinearity makes the problem intractable for large-scale power systems. This paper compares two approaches for budget allocation for power system reliability improvement. The first method is the traditional one, which suffers from the non-convexity and nonlinearity. In the second approach, a linear zero-sum mixed-strategy game is proposed where a limited budget is al… Show more
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