The Costs of Power Interruptions in Germany: A Regional and Sectoral Analysis

Growitsch, Christian; Malischek, Raimund; Nick, Sebastian; Wetzel, Heike

doi:10.1111/geer.12054

Cited by 21 publications

(13 citation statements)

References 10 publications

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“…In our model, we allow to curtail load with a value of lost load (VOLL) of 7.41 e per kWh (Growitsch et al, 2015). This rather high value forces the model to curtail load as a last resort to ensure feasibility.…”

Section: Numerical Assumptionsmentioning

confidence: 99%

The Relevance of Grid Expansion under Zonal Markets

Bertsch¹,

Brown²,

Hagspiel³

et al. 2017

The Energy Journal

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in AbstractThe European electricity market design is based on zonal markets with uniform prices. Locational price signals within these zones -necessary to ensure long-term efficiency -are not provided.Specifically, if intra-zonal congestion occurs due to missing grid expansion, the market design is revealed as inherently incomplete. This might lead to severe, unwanted distortions of the electricity market, both in the short-and in the long-term. In this paper, we study these distortions with a specific focus on the impact of restricted grid expansion under zonal markets. For this, we use a long term fundamental dispatch and investment model of the European electricity system and gradually restrict the allowed expansion of the transmission grid per decade. We find that the combination of an incomplete market design and restricted grid expansion leads to a misallocation of generation capacities and the inability to transport electricity to where it is needed. Consequences are severe and lead to load curtailment of up to 2-3 %. Moreover, missing grid expansion makes it difficult and costly to reach envisaged energy targets in the power sector. Hence, we argue that in the likely event of restricted grid expansion, either administrative measures or -presumably more efficient -an adaptation of the current market design to include locational signals will become necessary.JEL classification: D47, C61, C63, Q40

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Section: Numerical Assumptionsmentioning

confidence: 99%

The Relevance of Grid Expansion under Zonal Markets

Bertsch¹,

Brown²,

Hagspiel³

et al. 2017

The Energy Journal

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“…Die durchschnittlichen Kosten eines einstündigen deutschlandweiten Stromausfalls belaufen sich demnach auf rund 430 Mio. € (Growitsch et al 2015).…”

Section: Introductionunclassified

Infrastrukturen (Energie- und Wasserversorgung)

Groth

Rose

2018

Hamburger Klimabericht – Wissen Über Klima, Klimawandel Und Auswirkungen in Hamburg Und Norddeutschland

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“…Another paper introduces outage cost estimations for industry sector customers from South Korea [19]. Various other generic power interruption assessment papers have been published for customers from Germany [20] Lebanon [21] and South Africa [22]. These studies make use of customer surveys and indirect analytical methods to make the estimations.…”

Section: Introductionmentioning

confidence: 99%

Regional Differences in Economic Impacts of Power Outages in Finland

Gündüz¹,

Küfeoğlu²,

Winzer³

et al. 2018

Preprint

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Estimation of the worth of continuity of electricity supply is of interest of industry, authorities and research society. There are numerous methods to calculate the Customer Interruption Costs (CICs). Each method has its advantages and disadvantages. This paper approaches the problem from Distribution System Operators' (DSOs) point of view and adopts two existing analytical models. One model is used by the Finnish Energy Market Authority and the second one was proposed by the authors at a previous study. The model suggested by the authors as an alternative to the one used by the Finnish Energy Market Authority proposes a simple and straightforward methodology which will provide credible and objective estimations by only utilizing publicly available analytical data. We made use of cost and reliability indices data of 78 DSOs in Finland from the year 2016. In addition to cost estimations, this paper highlights regional differences in CIC estimations in different parts of Finland and critically overviews the existing standard customer compensation scheme in Finland.

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The Costs of Power Interruptions in Germany: A Regional and Sectoral Analysis

Cited by 21 publications

References 10 publications

The Relevance of Grid Expansion under Zonal Markets

The Relevance of Grid Expansion under Zonal Markets

Infrastrukturen (Energie- und Wasserversorgung)

Regional Differences in Economic Impacts of Power Outages in Finland

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