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Customer cost of electric service interruptions

Journal Article · · Proc. IEEE (Inst. Electr. Electron. Eng.); (United States)
DOI:https://doi.org/10.1109/5.29332· OSTI ID:5744099
There is an increasing interest in the quantitative assessment of power system reliability worth and its application to cost-benefit evaluation in power system planning. An approach often used to estimate reliability worth is to determine consumers' monetary losses resulting from service interruptions, i.e., the cost of unreliability. Numerous studies have been conducted to provide estimates of customer interruption costs and a wide range of methodologies has evolved. There is no universal agreement on the appropriateness of methodologies to particular situations nor on the interpretation of the results obtained, but some appear to be more acceptable and useful to the industry than others. This paper presents a survey of the techniques available for estimating customer interruption costs, discusses the rationale of those which are currently popular, and explores the application of such cost data in creating a composite customer damage function.
Research Organization:
Dept. of Electrical Engineering, Power Systems Research Group, Univ. of Saskatchewan, Saskatoon, Saskatchewan (CA)
OSTI ID:
5744099
Journal Information:
Proc. IEEE (Inst. Electr. Electron. Eng.); (United States), Journal Name: Proc. IEEE (Inst. Electr. Electron. Eng.); (United States) Vol. 77:6; ISSN IEEPA
Country of Publication:
United States
Language:
English

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