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Divide an Conquer.
Contingencies have specific features for testing the electric network. Select contingencies are defined per geographical regions (sometimes bus numbering can be used as proxy for geographical location), or per areas, zones in network model, per type (P1, P2, .. P7 in NERC TPL definition or equivalent definitions), per structure (single element in contingency, double elements,...) .
It would be better to create the contingency sets definition before running ACCC. Multiple ACCC would be created but much smaller in size, and processing them may be faster if done in parallel.