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Attributing to the irreplaceable quality of nil carbon footprints, the power system considering the integration of electric vehicles and renewable energy resources are appealing growing attention in the recent time, but the reliability of their associated components, is a main matter of concern nowadays. Therefore, in this paper, a novel incentive based fuzzy fault tree analysis (NIBFFTA) approach for restructured power system considering the influence of integrating Electric vehicles and Renewable energy resources-based hybrid wind-solar energy is presented. The approach combines the impacts of different components failure rate and the incentive Gaussian distribution effects under the inducement fuzzy fault tree atmosphere for the grid integrated Renewable energy resources and Electric vehicles configurations. In the basic fault tree analysis, the vague and inaccurate events such as system switches and low power component failures could not be identified competently. Moreover, the probability values of fault occurrences in the complete power system are not considered into account. Additionally, it is quite hard to have a precise assessment of the grid-connected wind energy power systems and EV configuration failure chances or the possibility of occurrence of undesired actions in the complete system because of data deficiency. To overwhelm these demerits, a novel incentive based fuzzy fault tree analysis based on the Gaussian distribution and fuzzy set model is recommended and used for the restructured power system considering the impact of integrating Electric vehicles and Renewable energy resources. Besides, the probability analysis of fault occurrence is also proposed to determine the impact of each basic event of the proposed system on the top event. Furthermore, the prediction analysis of fault occurrence is also done to know the effect of every basic action of the system on the top action. Whereas, prediction analysis factors for the different basic events of the proposed systems are evaluated and these can be used to obtain the real consequence of basic events on the proposed system. It is found that a novel incentive based fuzzy fault tree analysis approach is more significant and efficient than the conventional fault tree method for risk assessment of restructured power system with integrating the electric vehicles and renewable energy resources.

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An Innovative Reliability Oriented Approach for Restructured Power System Considering the Impact of Integrating Electric Vehicles and Renewable Energy Resources