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has been cited by the following article:

• TITLE: Optimal Economic Life Interval Evaluation Method of Transformers

  AUTHORS: Zhen Mei, Bo Ruan, Yu Li, Jun Huang, Cheng Long

  KEYWORDS: Failure Rate of Transformers, Weibull Distribution, Levenberg-Marquardt Algorithm, Interval Analysis, Life Cycle Cost (LCC)

  JOURNAL NAME: Energy and Power Engineering, Vol.9 No.4B, April 6, 2017

  ABSTRACT: This paper proposed a method of optimal economic life interval evaluation of transformer, thus providing scientific support for power system planning and reconstruction. First, obtaining the transformer failure rate by using Levenberg-Marquardt based least squares algorithm on the consumption that transformer failure mode meets three-parameters Weibull distribution. Second, calculating operation cost and failure cost of transformer during its life cycle on the basis of transformer failure rate. Then, acquiring the optimal economic life interval of transformer through life cycle minimal average annual cost based on the theory of interval analysis. Finally, the proposed method is proved to be effective by applying to some real transformers.