Methodology based on the value of lost load for evaluating economical losses due to disturbances in the power quality

Coll-Mayor, D.; Pardo, José M.; Pérez-Donsión, M.

doi:10.1016/j.enpol.2012.07.036

Cited by 19 publications

(20 citation statements)

References 9 publications

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“…While numerous production function-based approaches were employed in previous studies, Coll-Mayor, Pardob, and Perez-Donsion [3] proposed a simplified methodology, based on the VOLL, to estimate the economic losses of power outages in the Spanish industrial sector.…”

Section: Methodsmentioning

confidence: 99%

“…The next paragraph presents the mathematical model along the lines of Coll-Mayor, Pardob, and Perez-Donsion [3] used to estimate the economic losses of power outages in Lebanon, and implies whether there is an economic rationale for using power ships.…”

Section: Methodsmentioning

confidence: 99%

“…The authors argued that their methodology is relatively easy to applicate and requires data input sources that are free of confidentiality issues, which fits our situation so exactly. However, Coll-Mayor, Pardob, and Perez-Donsion [3] argued that their methodology could be less efficient if it is used for company-specific cases. Positively, this was not the case for this study.…”

Section: Mathematical Modelmentioning

confidence: 99%

“…The approach offered by Coll-Mayor, Pardob, and Perez-Donsion [3], which is based on the production function, represents an appropriate approach to estimate outage costs for the case of Lebanon. The authors argued that their methodology is relatively easy to applicate and requires data input sources that are free of confidentiality issues, which fits our situation so exactly.…”

Section: Mathematical Modelmentioning

confidence: 99%

“…According to the mathematical model of Coll-Mayor, Pardob, and Perez-Donsion [3], formulated in Equation (1), the values of the economical losses represent the losses to individuals and businesses of being deprived of electrical energy.…”

Section: Mathematical Modelmentioning

confidence: 99%

See 4 more Smart Citations

The Lebanese Electricity Woes: An Estimation of the Economical Costs of Power Interruptions

Bouri

Assad

2016

Energies

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This paper contributes to the political and scientific debate surrounding the economic costs entailed by the regular power cuts in Lebanon. Examining the data on electricity consumption that was produced by onshore and offshore power plants, this paper estimates the economical costs of power interruptions in Lebanon over the period [2009][2010][2011][2012][2013][2014]. Based on 700 USD/MWh, representing the average value of lost load (VOLL) in that period, results indicate that electricity shortages continue to render significant transfers of wealth to the detriment of economy and society as a whole. Over the period 2009-2014, the total losses for the Lebanese economy reached 23.23 billion USD. Just as importantly, some evidence suggests a sharp decline in the economical costs of power interruptions with the inception of the two floating power plants in 2013. The results are crucial for the decision makers to identify the economic efficiency of alternative measures to enhance the security of the Lebanese electricity supply.

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Section: Methodsmentioning

confidence: 99%

Section: Methodsmentioning

confidence: 99%

Section: Mathematical Modelmentioning

confidence: 99%

Section: Mathematical Modelmentioning

confidence: 99%

Section: Mathematical Modelmentioning

confidence: 99%

See 3 more Smart Citations

The Lebanese Electricity Woes: An Estimation of the Economical Costs of Power Interruptions

Bouri

Assad

2016

Energies

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Analysis of Power Quality Disturbances in Industry in the Centre Region of Portugal

Moreira

Leitão

Vale

et al. 2014

Technological Innovation for Collective Awareness Systems

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Part 16: Operation Issues in Energy - IIInternational audiencePower quality issues have taken a more prominent role in power systems over the last years. These issues are of major concern for energy customers, primarily for customers with a widespread use of electronic devices in their manufacturing processes. Even though the quality of service is increasing, customers are becoming more demanding of the energy provider. This research aims to provide some industrial managers the technical support in deciding of investments in the mitigation of power quality disturbances, such as the use of less sensitive devices or the use of interface devices (UPS, DVR ...) In order to recommend an appropriate solution, the problem is characterized. The technical and economic influences of the PQ disturbances in the manufacturing processes are assessed resorting to power quality audits in the customer facilities. This research covered a significant number of facilities in several industrial activities

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Distribution transformers failures: How does it cost? Evidence from Greece

et al. 2016

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Methodology based on the value of lost load for evaluating economical losses due to disturbances in the power quality

Cited by 19 publications

References 9 publications

The Lebanese Electricity Woes: An Estimation of the Economical Costs of Power Interruptions

The Lebanese Electricity Woes: An Estimation of the Economical Costs of Power Interruptions

Analysis of Power Quality Disturbances in Industry in the Centre Region of Portugal

Distribution transformers failures: How does it cost? Evidence from Greece

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