Improving the estimated cost of sustained power interruptions to electricity customers

LaCommare, Kristina Hamachi; Eto, Joseph H.; Dunn, Laurel N.; Sohn, Michael D.

doi:10.1016/j.energy.2018.04.082

Improving the estimated cost of sustained power interruptions to electricity customers

Journal Article · Wed Apr 18 00:00:00 EDT 2018 · Energy

DOI:https://doi.org/10.1016/j.energy.2018.04.082· OSTI ID:1457013

^[1]; Eto, Joseph H. ^[1]; Dunn, Laurel N. ^[1]; Sohn, Michael D. ^[1]

Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

Electricity reliability and resiliency have become a topic of heightened interest in recent years in the United States. As utilities, regulators, and policymakers determine how to achieve optimal levels of electricity reliability while considering how best to prepare for future disruptions in power, the related issue of how much it costs when customers lose power remains a largely unanswered question. In 2006, Lawrence Berkeley National Laboratory developed an end-use based framework that estimates the cost of power interruptions in the U.S that has served as a foundational paper using the best available, yet far from perfect, information at that time. Since then, an abundance of work has been done to improve the quality and availability of information that now allow us to make a much more robust assessment of the cost of power interruptions to U.S. customers. In this paper, we find that the total U.S. cost of sustained power interruptions is 44 billion dollars per year (2015-) -25% more than the 26 billion dollars per year in 2002- (or 35 billion dollars per year in 2015-) estimated in our 2006 study.

Research Organization:: Lawrence Berkeley National Laboratory (LBNL), Berkeley, CA (United States)

Sponsoring Organization:: USDOE Office of Electricity Delivery and Energy Reliability (OE)

Grant/Contract Number:: AC02-05CH11231

OSTI ID:: 1457013

Journal Information:: Energy, Journal Name: Energy Journal Issue: C Vol. 153; ISSN 0360-5442

Publisher:: ElsevierCopyright Statement

Country of Publication:: United States

Language:: English

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A probabilistic approach for assessment of financial loss due to equipment outage caused by voltage sag using cost matrix Behera, Chinmaya; Banik, Abhishek; Nandi, Jaydeep International Transactions on Electrical Energy Systems, Vol. 30, Issue 3 https://doi.org/10.1002/2050-7038.12202	journal	December 2019
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29 ENERGY PLANNING, POLICY, AND ECONOMY
Electricity reliability
Power interruptions
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Resiliency
Value of reliability

Improving the estimated cost of sustained power interruptions to electricity customers

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