What is the purpose of performing steady state analysis, transient analysis and dynamic analysis from a commercial standpoint in the power system/utility industry?
Steady stability deals with maximum loading of synchronous machine until it loses synchronism under small disturbances (gradual load and generation change)
Dynamic stability is related to the oscillatory behavior due to the improper tuning of controllers such as AVR, PSS and governors
Transient stability is the ability of a machine to remain in synchronism under large disturbances.
The new IEEE task force has combined dynamic and steady state stability as small-signal stability.
Steady state analysis is the first step to check that the load is balanced with generation, and that all components of the grid would be operating within their limits (no overloads, no under-voltages, no over-voltages). Contingency analysis repeats this to check the network state is still ok with one or more outages.
Steady state analysis checks the initial state and the final state.
The definitions of transient vs dynamic that I used many years ago were:
Transient stability analysis looks at how the system moves between steady states in the first 10s of seconds. These studies check that the system remains synchronized and whether or not there are conditions for cascade tripping.
Transient studies need to include the fast acting aspects of AVRs
Dynamic studies are used to check the stability, particularly of the frequency, on a time scale of minutes. This requires modelling of the generator and fuel control systems including the effects of limits, ramp rate limits and the various time constants.
The purpose of steady state analysis study as the name implies is related to stable system. we are concerned with the power flow to different buses.
Transient analysis is required when the system constraints are changed after a circuit breaker trips. It usually concerns about the causes and effect of changes on the generator and their synchronization
while the dynamic analysis is concerned with oscillations of generator
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