Abstract:This paper proposes a power routing approach for active asset management in power electronic-based power systems. The proposed approach aims to expand the lifecycle of power converters as the key assets of modern energy systems. Moreover, it takes into account the operational costs of converter-based generation units in order to obtain economic dispatch in the system. As a result, the useful lifetime of converters is enhanced, thus improving the overall reliability of the system with respect to the operational… Show more
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