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CREATE Electricity Case: Risk Analysis of Infrastructure Systems, Report 4

Author: Ake Holmgren

Sector: Energy

Publication type: Acrobat PDF

This paper discusses various approaches to risk analysis of infrastructure systems. The discussion is applied to electric power delivery systems, i.e. transmission and distribution of electric power, with an emphasis on the electric power grid in Sweden. In reviewing a number of the methods of risk analysis, it is concluded that methods from the systems safety and reliability discipline can to some extent be used to analyze the technical systems that form the infrastructure. However, recent advances in modeling and simulation of complex networks and also game theoretical approaches should be taken into account.

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Date Created: May 2005; Date Posted: September 2006

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