What is Monte Carlo Simulation Technique

Due to the transition of traditional power system to smart structure, integration of renewable energy sources is of great importance. It is performed by using distributed generators and Micro grid. Integration of renewable sources is very useful for the reliability enhancement of distribution system as energy can be supplied locally at distributed level. Therefore, this chapter provides an overview of various reliability methods which are utilized for finding the impact of renewable energy generation on distribution system reliability assessment. These renewable energy sources are integrated in the distribution system at distributed and Micro grid level. Various characteristics of renewable energy sources are discussed to model them. A general problem of reliability assessment in terms of reliability indices is also discussed.