On the evaluation of customers interruption costs due to unexpected power outages

Matti Lehtonen, Niyazi Gunduz, Sinan Kufeoglu

Research output: Chapter in Book/Report/Conference proceedingConference contributionScientificpeer-review

Abstract

Supply reliability is an important factor to be considered when planning and developing modern power distribution systems. If reliability value is expressed in monetary terms, it can be used as one input parameter when optimizing the electrical distribution systems and when developing regulation. This paper analyses the customer interruption cost (CIC) evaluation techniques and presents some results of CIC due to unexpected outages, obtained by different methods. The methods first discussed are customer surveys including direct worth estimation, willingness to pay and willingness to accept methods. As another group of methods, different indirect analytical methods are considered. The cases explored are residential, industrial, commercial and public customers in Finland.

Original languageEnglish
Title of host publicationProceedings of the 2018 IEEE 59th Annual International Scientific Conference on Power and Electrical Engineering of Riga Technical University, RTUCON 2018
PublisherIEEE
Number of pages4
ISBN (Electronic)9781538669037
DOIs
Publication statusPublished - 4 Mar 2019
MoE publication typeA4 Article in a conference publication
EventInternational Scientific Conference on Power and Electrical Engineering of Riga Technical University - Riga, Latvia
Duration: 12 Nov 201813 Nov 2018
Conference number: 59

Conference

ConferenceInternational Scientific Conference on Power and Electrical Engineering of Riga Technical University
Abbreviated titleRTUCON
CountryLatvia
CityRiga
Period12/11/201813/11/2018

Keywords

  • commercial loads
  • customer interruption costs
  • electrical outages
  • industrial loads
  • residential loads

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  • Cite this

    Lehtonen, M., Gunduz, N., & Kufeoglu, S. (2019). On the evaluation of customers interruption costs due to unexpected power outages. In Proceedings of the 2018 IEEE 59th Annual International Scientific Conference on Power and Electrical Engineering of Riga Technical University, RTUCON 2018 [8659847] IEEE. https://doi.org/10.1109/RTUCON.2018.8659847