Reliability Indices In The Bosnia And Herzegovina Transmission Network – The Basis Of An Incentive Regulation Model

The Transmission Company keeps records of contingency events, while the obtained reliability indices for the whole transmission network are presented on a monthly/annual basis and as such they can be used for benchmarking with other power systems. In view of the territorial organisation of the Company (four Operational Areas-OAs), a new approach to calculation of the reliability indices for each OA separately has been presented in this paper. For the period 2009 – 2016, the obtained indices were compared per OAs and appropriate recommendations and conclusions were provided accordingly. The interdependency of the indices and some specific costs which are determined though the tariff proceedings for the Company has also been analysed. The obtained indices can be a starting point for policy creators to determine an initial minimum standard of the continuity and reliability of supply which can be used in the future to introduce some of the incentive regulation models into the BiH transmission network.