What are the basic requirements of a protection system used in a power network or equipment?

 
What are the basic
requirements of a protection system used in a power network or equipment?

What are the basic requirements of a protection system used in a power network or equipment?

The basic requirements of a protection system are the
following:
 1.      
Reliability
 2.      
Simplicity
 3.      
Selectivity
 4.      
Sensitivity
 5.      
Selectivity
 6.      
Speed of operation
  7.      
Economy
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