As the risk associated with wildfires in the western United States increases every year, it becomes fundamental to research alternatives to both improve the resilience and reliability of engineering systems against those types of events, as well as…
Integrated energy systems (IES) are the best way to handle environmental concern and energy crisis. But it can also make energy systems more vulnerable. What's worse, the extreme events such as natural disasters and malicious man-attack become more…
Most of existing resilience models assume that system performances are continuous. In this paper, we consider resilience modeling and analysis for multi-state systems, whose performances are characterized by discrete, rather than continuous…
The nexus between extreme events and energy price risk is of great importance in energy finance analysis due to the fact that those events generally exert strong impacts on energy financial risk. For a better estimation of the influence of extreme…