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

Title: 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.

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

Sponsoring Organization:: USDOE Office of Electricity (OE)

Grant/Contract Number:: AC02-05CH11231

OSTI ID:: 1457013

Alternate ID(s):: OSTI ID: 1496279

Journal Information:: Energy, Vol. 153, Issue C; Related Information: © 2018 Elsevier Ltd; ISSN 0360-5442

Publisher:: ElsevierCopyright Statement

Country of Publication:: United States

Language:: English

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Cited by: 18 works

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References (8)

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Satellite-based assessment of electricity restoration efforts in Puerto Rico after Hurricane Maria Román, Miguel O.; Stokes, Eleanor C.; Shrestha, Ranjay PLOS ONE, Vol. 14, Issue 6 https://doi.org/10.1371/journal.pone.0218883	journal	June 2019
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
Critical Risk Indicators (CRIs) for the electric power grid: A survey and discussion of interconnected effects Che-Castaldo, Judy P.; Cousin, Rémi; Daryanto, Stefani arXiv https://doi.org/10.48550/arxiv.2101.07771	preprint	January 2021
U.S. Power Resilience for 2002--2019 Ankit, Aman; Liu, Zhanlin; Miles, Scott B. arXiv https://doi.org/10.48550/arxiv.2103.15859	preprint	January 2021
Fair and Reliable Reconnections for Temporary Disruptions in Electric Distribution Networks using Submodularity Hettle, Cyrus; Gupta, Swati; Molzahn, Daniel arXiv https://doi.org/10.48550/arxiv.2104.07631	preprint	January 2021

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29 ENERGY PLANNING, POLICY, AND ECONOMY
Electricity reliability
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