Reliability cost-benefit evaluation of transmission capital projects

Author

Chowdhury, A.A. ; Koval, D.O.

Author_Institution

Electr. Syst. Planning, MidAmerican Energy Co., Davenport, IA

fYear

0

fDate

0-0 0

Abstract

Any investment decision related to transmission reliability could easily be addressed on a rational and quantitative basis within a cost-benefit framework explicitly using data on the value of changes in service reliability to customers. The ultimate determination of poor or adequate transmission reliability performance in value-based planning framework is based on customer´s preferences and customer mix that are unique to each transmission system. In the current competitive energy market environment, such an approach makes perfect sense. This paper presents the results of a reliability cost-benefit evaluation performed for capital projects identified to improve supply reliability of a practical transmission system

Keywords

cost reduction; power markets; power transmission economics; power transmission planning; power transmission reliability; current competitive energy market environment; investment decision; reliability cost-benefit evaluation; service reliability; supply reliability; transmission capital projects; transmission reliability; value-based planning framework; Costs; Helium; Investments; Maintenance; Performance evaluation; Power industry; Power supplies; Power system modeling; Power system planning; Power system reliability; Transmission system; capital projects; competitive energy market; customer interruption cost; reliability cost-benefit evaluation;

fLanguage

English

Publisher

ieee

Conference_Titel

Power Engineering Society General Meeting, 2006. IEEE

Conference_Location

Montreal, Que.

Print_ISBN

1-4244-0493-2

Type

conf

DOI

10.1109/PES.2006.1709095

Filename

1709095