This paper presents a flexible object-oriented computational model for composite systems reliability evaluation based onSequential and Non-Sequential Monte Carlo simulation. The main focus of the model is in the representation of time varying components, such as the wind generation and the load. The modeling flexibility enables the representation of complex network components, as well as the incorporation of hybrid simulation approaches that combine sequential and nonsequential characteristics. The results obtained with several studies based on the IEEE RTS system prove the applicability of the developed model and provide important conclusions about wind generation influence on power system reliability indices.
Composite Reliability; Object Oriented Modeling; Monte Carlo Simulation; Wind Generation
