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Power system security assessment is one of the most important aspects of wind integrated power system due to intermittent and stochastic nature of wind. This paper proposes a nonparametric method for security risk assessment. Parzen window density estimation is utilized to obtain probability density functions for wind power, generation and load profiles. Correlation between independent and dependent samples of load, wind power and generation is replicated by a spatial transformation of probability distributions of random variables using Cholesky decomposition. Probabilistic load flow is performed for determining the branch flows and bus voltages of the power system for
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− 1 contingency analysis. Risk assessment is performed by quantifying the probability and severity indices for branch flows and bus voltages. The proposed method is tested on modified New England 39-bus system and extended for simplified power grid of Shandong province, China. Simulation results and comparisons demonstrate the effectiveness and accuracy of the proposed method.