Authors : Andras Istvan Fazekas and Eva V. Nagy
Abstract: Markov models may be used for three-and-more-state reliability descriptions of power plants. Researchers, demonstrate the potential improvement in system reliability calculation accuracy (such as LOLP) with multi-state power plant reliability descriptions.
Andras Istvan Fazekas and Eva V. Nagy, 2013. Improvement of Lolp Calculation Accuracy with Three-and-More-State Reliability Descriptions. International Journal of Electrical and Power Engineering, 7: 60-64.