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DTSTAMP:20260228T235200Z
UID:F489A67A-2CF0-4341-87F8-E12AD8DD8C3B
DTSTART;TZID=Europe/Dublin:20260115T160000
DTEND;TZID=Europe/Dublin:20260115T170000
DESCRIPTION:The increasing frequency of high-impact\, low-probability (HILP
 ) events\, such as extreme weather and natural disasters\, has exposed the
  limitations of traditional reliability-centred planning and operation of 
 power systems. In this context\, this presentation introduces the paradigm
  shift from reliability to resilience\, emphasising the need for modern gr
 ids to withstand\, adapt to\, and recover rapidly from disruptive events. 
 We will first clarify the conceptual differences between reliability and r
 esilience and present widely used resilience frameworks. The presentation 
 will then highlight planning strategies\, introducing mathematical models 
 for resilient network design. It discusses the need for a balanced investm
 ent portfolio between network expansion\, infrastructure hardening\, and s
 mart grid technologies\, emphasising the significance of probabilistic ana
 lysis and risk metrics like Conditional Value at Risk (CVaR) in decision-m
 aking. It also reviews alternative modelling approaches that use stochasti
 c and robust optimisation. The presentation differentiates between resilie
 nce and traditional reliability concepts\, proposing a holistic decision-m
 aking process for planning. It also introduces fairness considerations in 
 resilient planning and underscores the balance between traditional asset-h
 eavy investments\, operational measures\, DER\, and other non-wire solutio
 ns. This presentation aims to make informed\, risk-aware investment decisi
 ons to enhance power system resilience.\n\nIn this talk\, the speaker will
  walk the audience through the key shift from reliability to resilience\, 
 then show how these concepts become actionable in planning models and inve
 stment choices. The presentation will include a brief preview of the speak
 er’s upcoming book\, with a focus on how risk-aware metrics (including C
 VaR) and modern optimisation approaches can support resilient\, fair\, and
  cost-effective grid investment strategies.\n\nSpeaker(s): Dr. Rodrigo Mor
 eno\, \n\nAgenda: \n16:00–16:10 | Welcome and Opening Remarks\n\nWelcome
  to the session\, a brief overview of the topic\, and an introduction of t
 he speaker.\n\n16:10–16:45 | Featured Talk: Power System Resilience and 
 Investment Planning\n\nA structured overview of resilience fundamentals an
 d practical investment-planning approaches\, including selected insights f
 rom the speaker’s forthcoming book on power system resilience and invest
 ment decision-making.\n\n16:45–17:00 | Q&amp;A and Discussion\n\nOpen floor 
 for questions from both in-person and online participants.\n\nRoom: 909 B\
 , Bldg: Department of Electrical and Electronic Engineering\, Imperial Col
 lege London\, Exhibition Rd\, South Kensington\, LONDON\, England\, United
  Kingdom\, SW7 2AZ\, Virtual: https://events.vtools.ieee.org/m/532096
LOCATION:Room: 909 B\, Bldg: Department of Electrical and Electronic Engine
 ering\, Imperial College London\, Exhibition Rd\, South Kensington\, LONDO
 N\, England\, United Kingdom\, SW7 2AZ\, Virtual: https://events.vtools.ie
 ee.org/m/532096
ORGANIZER:f.rajaei-najafabadi@imperial.ac.uk
SEQUENCE:36
SUMMARY:Fundamentals of Power System Resilience with a Focus on Investment 
 Planning
URL;VALUE=URI:https://events.vtools.ieee.org/m/532096
X-ALT-DESC:Description: &lt;br /&gt;&lt;p&gt;&lt;span data-olk-copy-source=&quot;MessageBody&quot;&gt;T
 he increasing frequency of high-impact\, low-probability (HILP) events\, s
 uch as extreme weather and natural disasters\, has exposed the limitations
  of traditional reliability-centred planning and operation of power system
 s. In this context\, this presentation introduces the paradigm shift from 
 reliability to resilience\, emphasising the need for modern grids to withs
 tand\, adapt to\, and recover rapidly from disruptive events. We will firs
 t clarify the conceptual differences between reliability and resilience an
 d present widely used resilience frameworks. The presentation will then hi
 ghlight planning strategies\, introducing mathematical models for resilien
 t network design. It discusses the need for a balanced investment portfoli
 o between network expansion\, infrastructure hardening\, and smart grid te
 chnologies\, emphasising the significance of probabilistic analysis and ri
 sk metrics like Conditional Value at Risk (CVaR) in decision-making. It al
 so reviews alternative modelling approaches that use stochastic and robust
  optimisation. The presentation differentiates between resilience and trad
 itional reliability concepts\, proposing a holistic decision-making proces
 s for planning. It also introduces fairness considerations in resilient pl
 anning and underscores the balance between traditional asset-heavy investm
 ents\, operational measures\, DER\, and other non-wire solutions. This pre
 sentation aims to make informed\, risk-aware investment decisions to enhan
 ce power system resilience.&lt;/span&gt;&lt;/p&gt;\n&lt;p&gt;&lt;span data-olk-copy-source=&quot;Mes
 sageBody&quot;&gt;In this talk\, the speaker will walk the audience through the ke
 y shift from reliability to resilience\, then show how these concepts beco
 me actionable in planning models and investment choices. The presentation 
 will include a brief preview of the speaker&amp;rsquo\;s upcoming book\, with 
 a focus on how risk-aware metrics (including CVaR) and modern optimisation
  approaches can support resilient\, fair\, and cost-effective grid investm
 ent strategies.&lt;/span&gt;&lt;/p&gt;&lt;br /&gt;&lt;br /&gt;Agenda: &lt;br /&gt;&lt;p data-start=&quot;113&quot; da
 ta-end=&quot;244&quot;&gt;&lt;strong data-start=&quot;113&quot; data-end=&quot;156&quot;&gt;16:00&amp;ndash\;16:10 | 
 Welcome and Opening Remarks&lt;/strong&gt;&lt;/p&gt;\n&lt;p data-start=&quot;113&quot; data-end=&quot;24
 4&quot;&gt;Welcome to the session\, a brief overview of the topic\, and an introdu
 ction of the speaker.&lt;/p&gt;\n&lt;p data-start=&quot;246&quot; data-end=&quot;548&quot;&gt;&lt;strong data
 -start=&quot;246&quot; data-end=&quot;324&quot;&gt;1&lt;/strong&gt;&lt;strong data-start=&quot;246&quot; data-end=&quot;3
 24&quot;&gt;6:10&amp;ndash\;16:45 | Featured Talk: Power System Resilience and Investm
 ent Planning&lt;/strong&gt;&lt;/p&gt;\n&lt;p data-start=&quot;246&quot; data-end=&quot;548&quot;&gt;A structured
  overview of resilience fundamentals and practical investment-planning app
 roaches\, including selected insights from the speaker&amp;rsquo\;s forthcomin
 g book on power system resilience and investment decision-making.&lt;/p&gt;\n&lt;p 
 data-start=&quot;550&quot; data-end=&quot;682&quot;&gt;&lt;strong data-start=&quot;550&quot; data-end=&quot;586&quot;&gt;16
 :45&amp;ndash\;17:00 | Q&amp;amp\;A and Discussion&lt;/strong&gt;&lt;/p&gt;\n&lt;p data-start=&quot;55
 0&quot; data-end=&quot;682&quot;&gt;Open floor for questions from both in-person and online 
 participants.&lt;/p&gt;
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