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Ref1 shows three main methods used to assess the reliability in relay protection systems: Fault
Tree Analysis (FTA), Event Tree Analysis (ETA) and Markov method. The methods are applied
in the context of digital power relays, that contains new characteristics like “self-healing” or
“self-checking". In the state space representation are considered 8 possible states that considers
the self-checking status as part of the digital relay status. The logical reliability structure
represented by the Fault Tree is based on possible failure events and considers two possible
scenarios: relay mal-operation and relay non-operation. The Event Tree method allows to
analyze probable cascading events. Results obtained using the three methods are quite similar.
[REF 3]: Reliability Assessment of the Digital Relay Protection System Michael Uspensky,
RT&A, No 3 (54) Volume 14, September 2019
Ref 3- shows a quantitative reliability assessment in digital relay base power systems
protection.