DocumentCode
838546
Title
Economics of energy reliability
Author
Stephenson, W.M. ; Barney, Diane J.
Author_Institution
Pacific Gas & Electr. Co., San Franscisco, CA, USA
Volume
7
Issue
2
fYear
1988
fDate
5/1/1988 12:00:00 AM
Firstpage
26
Lastpage
27
Abstract
The types of reliability considerations and the deterministic criteria currently used by most utilities for electric transmission reliability planning are outlined. The complex process of weighing outage costs against prevention costs in this approach is discussed. A probabilistic approach increasingly being adopted by electric utilities is described that allows costs and benefits of reliability to be compared directly.<>
Keywords
economics; reliability; deterministic criteria; electric transmission reliability planning; electric utilities; energy reliability; outage costs; prevention costs; Circuits; Cost function; Power generation economics; Power industry; Production systems; Refrigeration; Reliability; Transformers;
fLanguage
English
Journal_Title
Potentials, IEEE
Publisher
ieee
ISSN
0278-6648
Type
jour
DOI
10.1109/45.1903
Filename
1903
Link To Document