Engineering Systems By Roy Billinton And ((full)) — Solution Reliability Evaluation Of
The book "Reliability Evaluation of Engineering Systems" serves as a practical, step-by-step guide to this entire pipeline.
For large, complex systems with multiple operating states (derated states of generators), Billinton championed Sequential Monte Carlo (SMC).
For solution reliability evaluation, they argued that most operational systems exist in the constant failure rate region. This allows the use of and Poisson processes —mathematically tractable assumptions that enable large-scale system analysis.