Title :
Power interruption costs to industrial and commercial consumers of electricity
Author :
Sullivan, Michael J. ; Vardell, Terry ; Johnson, Mark
Author_Institution :
Freeman Sullivan & Co., San Francisco, CA, USA
Abstract :
This paper summarizes the results of a survey of 210 large commercial and industrial customers to obtain detailed descriptions of the components of interruption costs they would experience under varying outage conditions. In addition, the survey observed plant operating schedules, products and services, processes used, machinery used in production, backup generation and equipment designed to ensure power quality. The paper describes a statistical approach for obtaining inexpensive outage cost estimates for individual customers by combining information from onsite interviews with less costly information obtained from utility representatives. Results from regression models estimated from the information obtained in the onsite survey are described in detail
Keywords :
costing; economics; electrical faults; industrial power systems; power supply quality; power system reliability; statistical analysis; backup generation; commercial electricity consumers; machinery; outage cost estimates; plant operating schedules; power interruption costs; power quality assurance; processes; products; regression models; services; survey; varying outage conditions; Costs; Design engineering; Electrical equipment industry; Energy consumption; Investments; Job shop scheduling; Power engineering and energy; Power generation economics; Power quality; Reliability engineering;
Journal_Title :
Industry Applications, IEEE Transactions on