Data-Driven Classifier for Extreme Outage Prediction Based On Bayes Decision Theory

The growing concern over catastrophic weather events, mostly as a direct result of climate changes, has underscored the need for expanding traditional power system contingency analyses to handle the associated risks of extreme power outages. To enable power system operators to make timely decisions when facing extreme events, we explore in this paper the viability of a classifier which uses the machine learning approach based on the Bayes decision theory as a means of predicting power system component outages.
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