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

Matti Lehtonen; Niyazi Gunduz; Sinan Kufeoglu

doi:10.1109/RTUCON.2018.8659847

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 proceeding › Conference contribution › Scientific › peer-review

3 Citations (Scopus)

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 language	English
Title of host publication	Proceedings of the 2018 IEEE 59th Annual International Scientific Conference on Power and Electrical Engineering of Riga Technical University, RTUCON 2018
Publisher	IEEE
Number of pages	4
ISBN (Electronic)	9781538669037
DOIs	https://doi.org/10.1109/RTUCON.2018.8659847
Publication status	Published - 4 Mar 2019
MoE publication type	A4 Article in a conference publication
Event	International Scientific Conference on Power and Electrical Engineering of Riga Technical University - Riga, Latvia Duration: 12 Nov 2018 → 13 Nov 2018 Conference number: 59

Conference

Conference	International Scientific Conference on Power and Electrical Engineering of Riga Technical University
Abbreviated title	RTUCON
Country	Latvia
City	Riga
Period	12/11/2018 → 13/11/2018

Keywords

commercial loads
customer interruption costs
electrical outages
industrial loads
residential loads

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10.1109/RTUCON.2018.8659847

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title = "On the evaluation of customers interruption costs due to unexpected power outages",

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.",

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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, International Scientific Conference on Power and Electrical Engineering of Riga Technical University, Riga, Latvia, 12/11/2018. https://doi.org/10.1109/RTUCON.2018.8659847

On the evaluation of customers interruption costs due to unexpected power outages. / Lehtonen, Matti; Gunduz, Niyazi; Kufeoglu, Sinan.

Proceedings of the 2018 IEEE 59th Annual International Scientific Conference on Power and Electrical Engineering of Riga Technical University, RTUCON 2018. IEEE, 2019. 8659847.

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Scientific › peer-review

TY - GEN

T1 - On the evaluation of customers interruption costs due to unexpected power outages

AU - Lehtonen, Matti

AU - Gunduz, Niyazi

AU - Kufeoglu, Sinan

N1 - Conference code: 59

PY - 2019/3/4

Y1 - 2019/3/4

N2 - 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.

AB - 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.

KW - commercial loads

KW - customer interruption costs

KW - electrical outages

KW - industrial loads

KW - residential loads

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AN - SCOPUS:85063531105

BT - Proceedings of the 2018 IEEE 59th Annual International Scientific Conference on Power and Electrical Engineering of Riga Technical University, RTUCON 2018

PB - IEEE

T2 - International Scientific Conference on Power and Electrical Engineering of Riga Technical University

Y2 - 12 November 2018 through 13 November 2018

ER -

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

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Keywords

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