Abstract
In this paper, we proposed new reliability characteristic curve, which-can clearly show reliability property of transmission and substation system considering uncertainty such as frequency and duration of device fault. It express the relationship of duration of load curtailments, demand not supplied, and energy not served as “ y = $ax^{-1}$ " curve. and we proposed the method, which can objectively assess reliability of transmission and substation system using proposed characteristic curve as new reliability index. In this method, we used energy index of reliability(EIR) as a criterion of assessment. Finally, we performed a variety of case study for KEPCO system in order to verify usefulness of proposed method.
