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The authors have proposed Flexible, Reliable and Intelligent ENergy Delivery System (called “FRIENDS”), which is a new concept for a future power distribution system. One of the most important feature of FRIENDS is to be able to manage the reliability of power supply. In this paper, FRIENDS and a conventional distribution system are compared quantitatively in supply reliability and cost through time sequential Monte Carlo simulation.

Reliability Evaluation Considering Customized Power Quality Supply in FRIENDS