An optimum budget‐based development in maintenance for electric power transmission networks

On the topic of power systems, most critical assignment would be providing facilities to make electricity available at lowest price with a fulfilled level reliability for all consumers. Today, transmission has received more concentration due increasing essence high-quality energy customers and operating competitive conditions in markets. In this regard, paper scrutinizes reliability-centred maintenance (RCM) issue terms considering two optimal strategies assets decrease their forced outage rate (FOR). This techno-economic budget-based is probabilistic approach help asset managers experts decision-making process: determine between associated costs provide economical resource allocation these elements, which leads an improvement whole network. Decreasing average probability Energy Not-Supplied (ENS), simulation determined proper strategy components. After that, repercussions fallen ENS will analyzed total cost (MC), operation (OC), system's (TC). Also, IEEE 24-bus test system considered as case study demonstrating proposed technique's practicality.