Related papers: Blackouts, risk, and fat-tailed distributions
The size distribution of planned and forced outages and following restoration times in power systems have been studied for almost two decades and has drawn great interest as they display heavy tails. Understanding of this phenomenon has…
The stability of powergrid is crucial since its disruption affects systems ranging from street lightings to hospital life-support systems. Nevertheless, large blackouts are inevitable if powergrids are in the state of self-organized…
We model power grids as graphs with heavy-tailed sinks, which represent demand from cities, and study cascading failures on such graphs. Our analysis links the scale-free nature of blackout sizes to the scale-free nature of city sizes,…
The failure of overhead transmission lines in the United States can lead to significant economic losses and widespread blackouts, affecting the lives of millions. This study focuses on the reliability of transmission lines, specifically…
Power laws and distributions with heavy tails are common features of many experimentally studied complex systems, like the distribution of the sizes of earthquakes and solar flares, or the duration of neuronal avalanches in the brain.…
Power grid outages cause huge economical and societal costs. Disruptions in the power distribution grid are responsible for a significant fraction of electric power unavailability to customers. The impact of extreme weather conditions,…
Power grids are prone to failure. Time series of reliability measures such as total power loss or energy not supplied can give significant account of the underlying dynamical behavior of these systems, specially when the resulting…
Carreras, Dobson and colleagues have studied empirical data on the sizes of the blackouts in real grids and modeled them by computer simulations using the direct current approximation. They have found that the resulting blackout sizes are…
The magnitude of the August 2003 blackout affecting the United States has put the challenges of energy transmission and distribution into limelight. Despite all the interest and concerted effort, the complexity and interconnectivity of the…
In Markov networks, measurement blackouts with unknown frequency compromise observations such that thermodynamic quantities can no longer be inferred reliably. In particular, the observed currents neither discern equilibrium from…
Cascading blackouts typically occur when nearly simultaneous outages occur in k out of N components in a power system, triggering subsequent failures that propagate through the network and cause significant load shedding. While large…
The Texan electric network in the Gulf Coast of the United States is frequently hit by Tropical Cyclones (TC) causing widespread power outages, a risk that is expected to substantially increase under global warming. Here, we introduce a new…
Electric power-systems are one of the most important critical infrastructures. In recent years, they have been exposed to extreme stress due to the increasing demand, the introduction of distributed renewable energy sources, and the…
Transmission lines, crucial to the power grid, are subjected to diverse environmental conditions such as wind, temperature, humidity, and pollution. While these conditions represent a consistent impact on the transmission lines, certain…
This study develops a novel predictive framework for power grid vulnerability based on the statistical signatures of Self-Organized Criticality (SOC). By analyzing the evolution of the power law critical exponents in outage size…
Cascading failures are one of the main reasons for blackouts in electric power transmission grids. The economic cost of such failures is in the order of tens of billion dollars annually. The loading level of power system is a key aspect to…
We study the size distribution of power blackouts for the Norwegian and North American power grids. We find that for both systems the size distribution follows power laws with exponents $-1.65 \pm 0.05$ and $-2.0 \pm 0.1$ respectively. We…
With the rise of computing and artificial intelligence, advanced modeling and forecasting has been applied to High Frequency markets. A crucial element of solid production modeling though relies on the investigation of data distributions…
In a cascading power transmission outage, component outages propagate non-locally, after one component outages, the next failure may be very distant, both topologically and geographically. As a result, simple models of topological contagion…
The study of heavy-tailed distributions in economic and financial systems has been widely addressed since financial time series has become a research subject.After the eighties, several "highly improbable" market drops were observed (e.g.…