DocumentCode
2835488
Title
The optimal selection of mitigation methods against voltage dips and interruptions: a customer-based approach
Author
Van Hertem, Dirk ; Didden, Marcel ; Driesen, Johan ; Belmans, Ronnie
Author_Institution
ESAT, Katholieke Univ., Leuven, Heverlee, Belgium
fYear
2004
fDate
12-15 Sept. 2004
Firstpage
631
Lastpage
636
Abstract
Voltage dips and interruptions cause major economic damage. Not only do we have to consider potential loss of production, there is also loss of market, the loss of client thrust, comfort,... that make the energy consumers want to implement a certain form of protection for their systems. However, the abundance of available mitigation methods and the, in many cases, unknown interruption cost make the selection of the most cost-effective mitigation method very difficult. This optimal mitigation method cannot be calculated using traditional theoretical economic methods, and is not always obtained by the currently used selection methods in the industry. However, using an alternative selection method, an optimal mitigation method can be found. This paper describes the steps to be taken, to solve the selection problem by means of a practical example. The examined case is a 250 kVA installation with a high sensitivity to voltage dips (pc load), and without a full knowledge of the cost of a process interruption. The proposed method makes a cost-benefit analysis of all possible solutions resulting in an overview that gives the optimal solution for a certain interruption cost. This method makes it possible to clearly interpret the investment costs and to compare completely different mitigation methods, only using data and methods which are available to an industrial customer. As such, this paper is written from a customer point of view.
Keywords
cost-benefit analysis; investment; power markets; power system economics; power system protection; cost-benefit analysis; cost-effective mitigation method; customer-based approach; economic method; energy consumer; industrial customers; interruption cost; investment cost; market loss; system protection; techno-economic assessment; voltage dips; voltage interruption; Cost function; Electronics packaging; Industrial economics; Investments; Metrology; Power generation economics; Power systems; Production systems; Protection; Voltage fluctuations;
fLanguage
English
Publisher
ieee
Conference_Titel
Harmonics and Quality of Power, 2004. 11th International Conference on
Print_ISBN
0-7803-8746-5
Type
conf
DOI
10.1109/ICHQP.2004.1409426
Filename
1409426
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