Probabilistic generating capacity adequacy evaluation: Research roadmap

The goal of this roadmap research paper is to provide a comprehensive and adequate overview of commonly used probabilistic techniques for generating system adequacy assessment: analytical, non-sequential, and sequential Monte Carlo simulation. The literature review presented in this paper, which includes theories, methodologies, analyses, and discussions, aims to provide useful information to planners or developers who endeavor to assess the reliability of existing power generation systems and plan for future generating capacity additions. Moreover, a valuable background review assembled from different sources is expected to serve students and researchers who are interested in studying in this area.