Estimation of digital protection devices applicability on basis of multiple characterizing parameters

The contemporary electrical power systems (EPS) impose increased requirements for the functionality of the protection systems. The necessity of improved EPS stability is in some extent resulting of the increased integration of renewable sources of electrical energy. The future grid development gives perspective for connection of more converter based generations. The power electronic schemes and associated functional requirements impose necessity of high speed, sensitive, selective and reliable operation of the protection devices. These requirements have always been target of the protection equipment producers and grid operators. The electronic converting schemes specifics impose these requirements for the protection devices in more straightened way, as the converter connected generator may need to trip in shorter time than classical machine generator. In the article is presented a generalized overview of some of the characteristics of the digital “relay” protection devices, and approach for device selection is proposed. Investment planning may utilize such approach in order to have an optimal design from financial point of view