Value of service reliability
Journal Article
·
· IEEE Transactions on Power Systems (Institute of Electrical and Electronics Engineers); (USA)
- Pacific Gas and Electric Co., San Francisco, CA (US)
This paper presents the value of service (VOS) reliability evaluation approach that explicitly incorporates into the planning process customer choices regarding reliability worth and service costs. Using the least-cost planning framework, and taking advantage of the recent advances in the quantification of outage costs, our approach determines the optimal level of reliability for the utility and its customers. The approach considers system operational measures the so-called emergency actions that the operators invoke in time of dwindling reserves. Information on customer outage costs associated with such actions is incorporated using a probabilistic framework. This approach permits utilities to plan for levels of reliability commensurate with the customers' willingness to pay. The application of this methodology to planning problems is discussed. Numerical results for a large utility are presented.
- OSTI ID:
- 6527469
- Journal Information:
- IEEE Transactions on Power Systems (Institute of Electrical and Electronics Engineers); (USA), Journal Name: IEEE Transactions on Power Systems (Institute of Electrical and Electronics Engineers); (USA) Vol. 5:3; ISSN ITPSE; ISSN 0885-8950
- Country of Publication:
- United States
- Language:
- English
Similar Records
Value of service concepts in ratemaking
Value of service concepts in ratemaking
RELRAD; An analytical approach for distribution system reliability assessment
Conference
·
Fri Feb 28 23:00:00 EST 1986
· Energy Technol. (Wash., D.C.); (United States)
·
OSTI ID:5590970
Value of service concepts in ratemaking
Conference
·
Fri Feb 28 23:00:00 EST 1986
· Energy Technol. (Wash., D.C.); (United States)
·
OSTI ID:5663088
RELRAD; An analytical approach for distribution system reliability assessment
Journal Article
·
Tue Mar 31 23:00:00 EST 1992
· IEEE Transactions on Power Delivery (Institute of Electrical and Electronics Engineers); (United States)
·
OSTI ID:5402605
Related Subjects
24 POWER TRANSMISSION AND DISTRIBUTION
240100* -- Power Systems-- (1990-)
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320603 -- Energy Conservation
Consumption
& Utilization-- Municipalities & Community Systems-- Public Utilities-- (1980-)
CALCULATION METHODS
COST ESTIMATION
ENERGY SYSTEMS
PERFORMANCE
POWER SYSTEMS
RELIABILITY
240100* -- Power Systems-- (1990-)
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320603 -- Energy Conservation
Consumption
& Utilization-- Municipalities & Community Systems-- Public Utilities-- (1980-)
CALCULATION METHODS
COST ESTIMATION
ENERGY SYSTEMS
PERFORMANCE
POWER SYSTEMS
RELIABILITY