Standby rate design: current issues and possible innovations

Goulding, A J; Bahceci, Serkan

doi:10.1016/J.TEJ.2007.03.010

Title: Standby rate design: current issues and possible innovations

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Abstract

While options pricing principles have some relevance for the design a standby distribution rates, insurance pricing may provide an even better model. An insurance-based approach using an outage probability methodology also provides powerful incentives to the utility to connect additional DG resources to the grid. (author)

Authors:: Goulding, A J; Bahceci, Serkan

Publication Date:: Tue May 15 00:00:00 EDT 2007

OSTI Identifier:: 20885471

Resource Type:: Journal Article

Journal Name:: Electricity Journal

Additional Journal Information:: Journal Volume: 20; Journal Issue: 4; Other Information: Elsevier Ltd. All rights reserved; Journal ID: ISSN 1040-6190

Country of Publication:: United States

Language:: English

Subject:: 29 ENERGY PLANNING, POLICY AND ECONOMY; PRICES; ELECTRIC POWER; POWER TRANSMISSION; INSURANCE; OUTAGES; PROBABILITY; MATHEMATICAL MODELS

Citation Formats


                    Goulding, A J, and Bahceci, Serkan. Standby rate design: current issues and possible innovations.  United States: N. p., 2007. 
        Web.  doi:10.1016/J.TEJ.2007.03.010.

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                    Goulding, A J, & Bahceci, Serkan. Standby rate design: current issues and possible innovations.  United States.  https://doi.org/10.1016/J.TEJ.2007.03.010

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                    Goulding, A J, and Bahceci, Serkan. 2007.  
        "Standby rate design: current issues and possible innovations".  United States.  https://doi.org/10.1016/J.TEJ.2007.03.010.

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@article{osti_20885471,

  title        = {Standby rate design: current issues and possible innovations},

  author       = {Goulding, A J and Bahceci, Serkan},

  abstractNote = {While options pricing principles have some relevance for the design a standby distribution rates, insurance pricing may provide an even better model. An insurance-based approach using an outage probability methodology also provides powerful incentives to the utility to connect additional DG resources to the grid. (author)},

  doi          = {10.1016/J.TEJ.2007.03.010},

  url          = {https://www.osti.gov/biblio/20885471},
  journal      = {Electricity Journal},

  issn         = {1040-6190},

  number       = 4,

  volume       = 20,

  place        = {United States},

  year         = {Tue May 15 00:00:00 EDT 2007},

  month        = {Tue May 15 00:00:00 EDT 2007}

}

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