| Power system operations are undergoing changes, brought about primarily due to deregulation and subsequent restructuring of the power industry. The primary intention of the introduction of deregulation in power systems was to bring about competition and improved customer focus. The underlying motive was increased economic benefit. Present day power system analysis is much different than what it was earlier, essentially due to the transformation of the power industry from being cost-based to one that is price-based and due to open access of transmission networks to the various market participants. Power is now treated as a commodity and is traded in an open market. The resultant interdependence of the technical criteria and the economic considerations has only accentuated the need for accurate analysis in power systems.; The main impetus in security analysis studies is on efficient assessment of the post-contingency status of the system, accuracy being of secondary consideration. In most cases, given the time frame involved, it is not feasible to run a complete AC load flow for determining the post-contingency state of the system. Quite often, it is not warranted as well, as an indication of the state of the system is desired rather than the exact quantification of the various state variables.; With the inception of deregulation, transmission networks are subjected to a host of multilateral transactions, which would influence physical system quantities like real power flows, security margins and voltage levels. For efficient asset utilization and maximization of the revenue, more often than not, transmission networks are operated under stressed conditions, close to security limits. Therefore, a quantitative assessment of the extent to which each transaction adversely affects the transmission network is required. This needs to be done accurately as the feasibility of the power transactions and subsequent decisions (execution, curtailment, pricing) would depend upon the outcome of the analysis. Also considering the large number of transactions occurring in the power market, and the massive sizes of transmission networks, the need for efficient analysis techniques is further highlighted. Thus on the whole, for present-day power systems, security assessment has acquired predominant importance.; The primary emphasis of the work done in this dissertation is on development of techniques for fast assessment of the state of the transmission network following credible contingencies in traditional and deregulated power systems. In addition, methodologies for optimal correction strategies in the event of violation of security limits are also proposed. The work done can be enumerated as: (1) development of fast methods to assess the state of the transmission network from the point of view of loading margin and power flows, following increased loading conditions and line outages; (2) development of a comprehensive scheme to assess the impact of bilateral transactions on the operating state of the network; (3) optimal rescheduling of generation and curtailable loads for relieving the system of congestion and simultaneously maximizing the security margins. |
