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This book gives an introduction to probabilistic reliability analysis of power systems. The main objective is to introduce (electrical) engineering students to this interesting research field. Many probabilistic methods have been described in other textbooks and publications before. However, it is hard to find a textbook that describes a variety of probabilistic methods while providing students with understandable examples and exercises to practice their knowledge. This book has been developed to fill that gap. By explaining probabilistic methods, describing real-life examples and providing practical exercises, students are able to thoroughly understand the topic and develop hands-on experience. The many real-life examples discussed in this book, which are based on actual case studies in the Netherlands, not only help students understand the theory, but also make this book an interesting reference for professionals …