NDLI: Well-being reliability worth indices due to different customer outage cost functions

Content Provider	IEEE Xplore Digital Library
Author	Goel, L. Gupta, R.
Copyright Year	2007
Description	Author affiliation: Sch. of EEE, Nanyang Technol. Univ., Singapore (Goel, L.)
Abstract	The evaluation of the costs and benefits of competing investments is a standard practice in power system planning. Customer outage costs, which serve as surrogates for the perceived worth of supply reliability, have been determined, among others, for several provinces and countries as diverse as Canada, United Kingdom, Nepal and Thailand. This paper uses the well-being framework to evaluate the societal worth of electric service reliability in subtransmission systems associated with the outage cost functions of the above four systems. System well-being is defined in terms of the system being in the healthy, marginal, and at risk states, hence combining the deterministic and probabilistic approaches into a single framework. Reliability worth indices such as expected cost of interruptions (ECOST) and interrupted energy assessment rate (IEAR) are evaluated. The concepts are illustrated by application to a small but comprehensive reliability test system designated RBTS.
Starting Page	140
Ending Page	145
File Size	207080
Page Count	6
File Format	PDF
ISBN	9789810594237
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2007-12-03
Publisher Place	Singapore
Access Restriction	Subscribed
Rights Holder	Nanyang Technological University
Subject Keyword	Power engineering risky state Customer outage cost customer damage function reliability interrupted energy assessment rate Cost function
Content Type	Text
Resource Type	Article

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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