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Title: A flexible framework for modeling customer damage functions for power outages

Abstract

This paper develops a flexible method for estimating the customer cost of a power outage. We add to the current body of literature by outlining a framework which properly accounts for the effects of outage duration. We begin by separating costs into categories depending on whether the cost varies with outage duration and whether the cost is due to perishable inventory. We derive useful functional forms for each cost category and discuss how parameters vary by load type and outage characteristics. We derive outage cost estimates for an unexpected loss of power to both an example manufacturing plant and an example fire station. The framework described in this paper can easily be employed to model outage costs for a wide range of specific operating conditions.

Authors:
ORCiD logo [1];  [1]
  1. National Renewable Energy Lab. (NREL), Golden, CO (United States)
Publication Date:
Research Org.:
National Renewable Energy Lab. (NREL), Golden, CO (United States)
Sponsoring Org.:
USDOE
OSTI Identifier:
1484342
Report Number(s):
NREL/JA-6A50-71904
Journal ID: ISSN 1868-3967
Grant/Contract Number:  
AC36-08GO28308
Resource Type:
Journal Article: Accepted Manuscript
Journal Name:
Energy Systems
Additional Journal Information:
Journal Name: Energy Systems; Journal ID: ISSN 1868-3967
Publisher:
Springer
Country of Publication:
United States
Language:
English
Subject:
24 POWER TRANSMISSION AND DISTRIBUTION; 29 ENERGY PLANNING, POLICY, AND ECONOMY; resilience; electricity; customer damage function; value of lost load; power outage cost; lost load; economic modeling; outage duration

Citation Formats

Ericson, Sean, and Lisell, Lars. A flexible framework for modeling customer damage functions for power outages. United States: N. p., 2018. Web. doi:10.1007/s12667-018-0314-8.
Ericson, Sean, & Lisell, Lars. A flexible framework for modeling customer damage functions for power outages. United States. doi:10.1007/s12667-018-0314-8.
Ericson, Sean, and Lisell, Lars. Sat . "A flexible framework for modeling customer damage functions for power outages". United States. doi:10.1007/s12667-018-0314-8.
@article{osti_1484342,
title = {A flexible framework for modeling customer damage functions for power outages},
author = {Ericson, Sean and Lisell, Lars},
abstractNote = {This paper develops a flexible method for estimating the customer cost of a power outage. We add to the current body of literature by outlining a framework which properly accounts for the effects of outage duration. We begin by separating costs into categories depending on whether the cost varies with outage duration and whether the cost is due to perishable inventory. We derive useful functional forms for each cost category and discuss how parameters vary by load type and outage characteristics. We derive outage cost estimates for an unexpected loss of power to both an example manufacturing plant and an example fire station. The framework described in this paper can easily be employed to model outage costs for a wide range of specific operating conditions.},
doi = {10.1007/s12667-018-0314-8},
journal = {Energy Systems},
number = ,
volume = ,
place = {United States},
year = {Sat Nov 10 00:00:00 EST 2018},
month = {Sat Nov 10 00:00:00 EST 2018}
}

Journal Article:
Free Publicly Available Full Text
This content will become publicly available on November 10, 2019
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