Risk-based DC security assessment for future DC-independent system operator

—The use of multi-terminal HVDC to integrate wind power coming from the North Sea opens de door for a new transmission system model, the DC-Independent System Operator (DC-ISO). DC-ISO will face highly stressed and varying conditions that requires new risk assessment tools to ensure security of supply. This paper proposes a novel risk-based static security assessment methodology named risk-based DC security assessment (RB-DCSA). It combines a probabilistic approach to include uncertainties and a fuzzy inference system to quantify the systemic and individual component risk associated with operational scenarios considering uncertainties. The proposed methodology is illustrated using a multi-terminal HVDC system where the variability of wind speed at the offshore wind is included.