The development of intermittent energy significantly enhances the operation uncertainty of power systems
posing new challenges to power system operation and control. Based on the uncertainty quantification (UQ) theory
this paper proposes a stochastic collocation probabilistic load flow (PLF) algorithm
which utilizes the generalised polynomial chaos (gPC). By constructing affordable deterministic nonlinear equations
the solutions
or quantities of interest
are expressed as convergent series of gPC expansions in terms of random inputs
with their distribution functions solved by calculating the spectral coefficients of gPC expansions. This algorithm is capable of solving the contradiction between accuracy and computational complexity. The effectiveness
practicality and accuracy of the proposed algorithm is proved by the simulation of IEEE14-bus and IEEE118-bus systems
which shows that it has good engineering application prospects in PLF analysis for renewable energy connected power systems. This work is supported by National Basic Research Program of China (973 Program) (No. 2012CB215203) and National Natural Science Foundation of China (No. 50907034).