Quantifying Indicators of Supply Risk in Power Generation System Using Risk Impact Matrix (PICOST)

摘要

In the recent years the huge diffusion of technology emerges need of energy security more than ever before. Secure supplies at affordable cost are the key to sustainable economic growth. Planning an uninterrupted and affordable generation portfolio with minimum level of inherent riskis the top priority of policy maker around the globe. However so far very few work have been done on the evaluation of risk in power generation. It is a well-known fact that highly secured system bears excessive cost. This paper will propose an idea for radical evaluation of exposed risk todiverse power generation resources. It highlights the process of identification, evaluation and estimation of risk and proposed a semi quantitative risk impact matrix approach to quantify the loss of generation caused due to unforeseen events.