LAUSR

The growing concern over catastrophic weather events, mostly as a direct result of climate changes, has underscored the need for expanding traditional power system contingency analyses to handle the associated risks of extreme power outages. To enable power system operators to make timely decisions when facing extreme events, we explore in this paper the viability of a classifier which uses the machine learning approach based on the Bayes decision theory as a means of predicting power system component outages. However, owing to an excessively imbalanced and largely sparse power component outage datasets, the corresponding classifier learning is a challenging problem in the data mining community. In the proposed approach, we apply a resampling method to overcome the class imbalance problem. The proposed classifier provides an effective framework that not only minimizes outage prediction errors for power system components, but also considers the cost of each preventive action according to its implication in extreme events. The outcome of the proposed model can be used for introducing operation-oriented preventive measures that allow the rescheduling of generation resources for maximizing the power system resilience. The performance of the proposed classifier is examined through numerical simulations by utilizing the confusion matrix.