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Glossery Of Terms

Victoria Dam (Sri Lanka)

Security of supply
Reliability and risk
Broad concept describing the ability of a power or water system to supply customers reliably under normal conditions and credible disturbances.
Security of supply encompasses adequacy of resources, robustness of the network and resilience to hydrological, fuel and technical risks. In PWSC style studies it is represented through reliability indices, reserve margins, diversity of generation mix and sensitivity tests against droughts, outages and delays to new projects.
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Water Resource & Hydro-Thermal Power Systems Modelling - Optimization of Large-Scale Hydropower System Operations - Power Generation Optimisation