Power interruption costs to industrial and commercial consumers of electricity

Sullivan, Michael J.; Vardell, T.; Johnson, Murray L.

doi:10.1109/28.649955

Cited by 90 publications

(13 citation statements)

References 6 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…With the exception of aggregate interruption costs for Duke Energy and Mid-America (see Sullivan, Vardell, and Johnson (1997) and Chowdhury et al (2005)), none of the interruption cost information reported in the previous study and this one were widely available in the public domain before this research began.…”

Section: XVIImentioning

confidence: 99%

Estimated Value of Service Reliability for Electric Utility Customers in the United States

Sullivan¹,

Mercurio²,

Schellenberg³

2009

Self Cite

View full text Add to dashboard Cite

Section: XVIImentioning

confidence: 99%

Estimated Value of Service Reliability for Electric Utility Customers in the United States

Sullivan¹,

Mercurio²,

Schellenberg³

2009

Self Cite

View full text Add to dashboard Cite

“…Costs of a scheduled demand reduction would only be a certain percentage of those of power outages without advanced warning (Chao et al, 1986;Pandey and Billinton, 1999;Sullivan et al, 1997). The averaged customer interruption costs of each load aggregator can be estimated by the following equation:…”

Section: Demand Reduction Cost Modelsmentioning

confidence: 99%

Optimal curtailment bids for voluntary demand‐reduction programs

Teng¹,

2005

Journal of the Chinese Institute of Engineers

View full text Add to dashboard Cite

An essential problem in a deregulated power system is the long-term availability of peaking capacity. One potential solution, which has received increasing attention, is the demand reduction/exchange program in power markets. A voluntary real-time demand reduction program provides an opportunity for customers to reduce their demands during times of high prices and share the benefits of the program. An Independent System Operator (ISO) can use a fixed price to buy demand reductions from customers; the benefits obtainable, due to the relief of line congestion constraints and market power, can be shared both by the ISO and program participants. If the optimal curtailment price bid can be determined then social welfare can be maximized. For these purposes, the basic task is to determine a rate structure, which gives incentives to both the ISO and the customers. The structure should minimize the cost of generation and maximize the economic benefit to the customers. In this paper, two solution formulations, including various levels of network constraints, are proposed to obtain the optimal curtailment bid and the economic impacts of the programs. Test examples are used to demonstrate the potential benefits obtainable for the ISO and participants from the voluntary demand-reduction programs.

show abstract

“…Modern industrial facilities comprise numerous sensitive loads, which pose increasingly higher power quality requirements [1][2][3][4][5][6]. Operation of a sensitive load can be disturbed by the common voltage sags, swells and interruptions.…”

Section: Introductionmentioning

confidence: 99%