Cost-benefit analysis of power system reliability: two utility case studies
There is an emerging recognition that utility investments and other decisions that affect electric service reliability should be explicitly evaluated on the basis of their cost and benefit implications. A cost-benefit approach that quantifies the reliability benefits of alternatives in terms of the...
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| Veröffentlicht in: | IEEE Transactions on Power Systems 1995-08, Vol.10 (3), p.1667-1675 |
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| container_title | IEEE Transactions on Power Systems |
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| creator | Neudorf, E.G. Kiguel, D.L. Hamoud, G.A. Porretta, B. Stephenson, W.M. Sparks, R.W. Logan, D.M. Bhavaraju, M.P. Billinton, R. Garrison, D.L. |
| description | There is an emerging recognition that utility investments and other decisions that affect electric service reliability should be explicitly evaluated on the basis of their cost and benefit implications. A cost-benefit approach that quantifies the reliability benefits of alternatives in terms of the reduction in costs resulting from unserved energy enables the evaluation of generation and transmission capacity additions on a consistent, economic basis. This approach has been applied to two utility case studies. In a case study for Pacific Gas and Electric Company, it was used to evaluate three options for maintaining reliability in a major load center-two involving local generation, and the third, a new 230 kV transmission connection. In a case study for Duke Power Company, the approach was used to evaluate alternative designs for proposed additions to a transmission station. This paper describes the methodology and presents the two utility studies.< > |
| doi_str_mv | 10.1109/59.466474 |
| format | Article |
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A cost-benefit approach that quantifies the reliability benefits of alternatives in terms of the reduction in costs resulting from unserved energy enables the evaluation of generation and transmission capacity additions on a consistent, economic basis. This approach has been applied to two utility case studies. In a case study for Pacific Gas and Electric Company, it was used to evaluate three options for maintaining reliability in a major load center-two involving local generation, and the third, a new 230 kV transmission connection. In a case study for Duke Power Company, the approach was used to evaluate alternative designs for proposed additions to a transmission station. This paper describes the methodology and presents the two utility studies.< ></description><identifier>ISSN: 0885-8950</identifier><identifier>EISSN: 1558-0679</identifier><identifier>DOI: 10.1109/59.466474</identifier><identifier>CODEN: ITPSEG</identifier><language>eng</language><publisher>New York, NY: IEEE</publisher><subject>Applied sciences ; Computer aided software engineering ; COST BENEFIT ANALYSIS ; Electrical engineering. Electrical power engineering ; Electrical power engineering ; Exact sciences and technology ; Investments ; Maintenance ; Operation. Load control. Reliability ; Power engineering and energy ; POWER GENERATION ; Power generation economics ; Power networks and lines ; Power system reliability ; POWER SYSTEMS ; POWER TRANSMISSION ; POWER TRANSMISSION AND DISTRIBUTION ; RELIABILITY ; Sparks ; System testing</subject><ispartof>IEEE Transactions on Power Systems, 1995-08, Vol.10 (3), p.1667-1675</ispartof><rights>1995 INIST-CNRS</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c247t-ba0ed9dba5f97a24049424b1d3415a42532de13ccd3991f97ebb072ad64b065e3</citedby><cites>FETCH-LOGICAL-c247t-ba0ed9dba5f97a24049424b1d3415a42532de13ccd3991f97ebb072ad64b065e3</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktohtml>$$Uhttps://ieeexplore.ieee.org/document/466474$$EHTML$$P50$$Gieee$$H</linktohtml><link.rule.ids>314,776,780,792,881,27901,27902,54733</link.rule.ids><linktorsrc>$$Uhttps://ieeexplore.ieee.org/document/466474$$EView_record_in_IEEE$$FView_record_in_$$GIEEE</linktorsrc><backlink>$$Uhttp://pascal-francis.inist.fr/vibad/index.php?action=getRecordDetail&idt=3649090$$DView record in Pascal Francis$$Hfree_for_read</backlink><backlink>$$Uhttps://www.osti.gov/biblio/163072$$D View this record in Osti.gov$$Hfree_for_read</backlink></links><search><creatorcontrib>Neudorf, E.G.</creatorcontrib><creatorcontrib>Kiguel, D.L.</creatorcontrib><creatorcontrib>Hamoud, G.A.</creatorcontrib><creatorcontrib>Porretta, B.</creatorcontrib><creatorcontrib>Stephenson, W.M.</creatorcontrib><creatorcontrib>Sparks, R.W.</creatorcontrib><creatorcontrib>Logan, D.M.</creatorcontrib><creatorcontrib>Bhavaraju, M.P.</creatorcontrib><creatorcontrib>Billinton, R.</creatorcontrib><creatorcontrib>Garrison, D.L.</creatorcontrib><title>Cost-benefit analysis of power system reliability: two utility case studies</title><title>IEEE Transactions on Power Systems</title><addtitle>TPWRS</addtitle><description>There is an emerging recognition that utility investments and other decisions that affect electric service reliability should be explicitly evaluated on the basis of their cost and benefit implications. A cost-benefit approach that quantifies the reliability benefits of alternatives in terms of the reduction in costs resulting from unserved energy enables the evaluation of generation and transmission capacity additions on a consistent, economic basis. This approach has been applied to two utility case studies. In a case study for Pacific Gas and Electric Company, it was used to evaluate three options for maintaining reliability in a major load center-two involving local generation, and the third, a new 230 kV transmission connection. In a case study for Duke Power Company, the approach was used to evaluate alternative designs for proposed additions to a transmission station. This paper describes the methodology and presents the two utility studies.< ></description><subject>Applied sciences</subject><subject>Computer aided software engineering</subject><subject>COST BENEFIT ANALYSIS</subject><subject>Electrical engineering. Electrical power engineering</subject><subject>Electrical power engineering</subject><subject>Exact sciences and technology</subject><subject>Investments</subject><subject>Maintenance</subject><subject>Operation. Load control. Reliability</subject><subject>Power engineering and energy</subject><subject>POWER GENERATION</subject><subject>Power generation economics</subject><subject>Power networks and lines</subject><subject>Power system reliability</subject><subject>POWER SYSTEMS</subject><subject>POWER TRANSMISSION</subject><subject>POWER TRANSMISSION AND DISTRIBUTION</subject><subject>RELIABILITY</subject><subject>Sparks</subject><subject>System testing</subject><issn>0885-8950</issn><issn>1558-0679</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>1995</creationdate><recordtype>article</recordtype><recordid>eNo90E1LxDAQBuAgCq6rB6-eIojgoWuSJmnjTRa_cMGLnkOaTjHSbddOlqX_3mgXT0OYJ-8MQ8g5ZwvOmblVZiG1loU8IDOuVJkxXZhDMmNlqbLSKHZMThC_GGM6NWbkddljzCrooAmRus61IwakfUM3_Q4GiiNGWNMB2uCq0IY43tG46-k2_j2odwgU47YOgKfkqHEtwtm-zsnH48P78jlbvT29LO9XmReySMMcg9rUlVONKZyQTBopZMXrXHLlpFC5qIHn3te5MTwZqCpWCFdrWTGtIJ-Tyyk3rR4s-hDBf_q-68BHy3WecDLXk9kM_fcWMNp1QA9t6zrot2hFKWSpZJngzQT90CMO0NjNENZuGC1n9vekVhk7nTTZq32oQ-_aZnCdD_j_IdfSMMMSu5hYAID_7j7jB2Bpfcw</recordid><startdate>19950801</startdate><enddate>19950801</enddate><creator>Neudorf, E.G.</creator><creator>Kiguel, D.L.</creator><creator>Hamoud, G.A.</creator><creator>Porretta, B.</creator><creator>Stephenson, W.M.</creator><creator>Sparks, R.W.</creator><creator>Logan, D.M.</creator><creator>Bhavaraju, M.P.</creator><creator>Billinton, R.</creator><creator>Garrison, D.L.</creator><general>IEEE</general><general>Institute of Electrical and Electronics Engineers</general><scope>IQODW</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>7SP</scope><scope>8FD</scope><scope>L7M</scope><scope>OTOTI</scope></search><sort><creationdate>19950801</creationdate><title>Cost-benefit analysis of power system reliability: two utility case studies</title><author>Neudorf, E.G. ; Kiguel, D.L. ; Hamoud, G.A. ; Porretta, B. ; Stephenson, W.M. ; Sparks, R.W. ; Logan, D.M. ; Bhavaraju, M.P. ; Billinton, R. ; Garrison, D.L.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c247t-ba0ed9dba5f97a24049424b1d3415a42532de13ccd3991f97ebb072ad64b065e3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>1995</creationdate><topic>Applied sciences</topic><topic>Computer aided software engineering</topic><topic>COST BENEFIT ANALYSIS</topic><topic>Electrical engineering. Electrical power engineering</topic><topic>Electrical power engineering</topic><topic>Exact sciences and technology</topic><topic>Investments</topic><topic>Maintenance</topic><topic>Operation. Load control. Reliability</topic><topic>Power engineering and energy</topic><topic>POWER GENERATION</topic><topic>Power generation economics</topic><topic>Power networks and lines</topic><topic>Power system reliability</topic><topic>POWER SYSTEMS</topic><topic>POWER TRANSMISSION</topic><topic>POWER TRANSMISSION AND DISTRIBUTION</topic><topic>RELIABILITY</topic><topic>Sparks</topic><topic>System testing</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Neudorf, E.G.</creatorcontrib><creatorcontrib>Kiguel, D.L.</creatorcontrib><creatorcontrib>Hamoud, G.A.</creatorcontrib><creatorcontrib>Porretta, B.</creatorcontrib><creatorcontrib>Stephenson, W.M.</creatorcontrib><creatorcontrib>Sparks, R.W.</creatorcontrib><creatorcontrib>Logan, D.M.</creatorcontrib><creatorcontrib>Bhavaraju, M.P.</creatorcontrib><creatorcontrib>Billinton, R.</creatorcontrib><creatorcontrib>Garrison, D.L.</creatorcontrib><collection>Pascal-Francis</collection><collection>CrossRef</collection><collection>Electronics & Communications Abstracts</collection><collection>Technology Research Database</collection><collection>Advanced Technologies Database with Aerospace</collection><collection>OSTI.GOV</collection><jtitle>IEEE Transactions on Power Systems</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext_linktorsrc</fulltext></delivery><addata><au>Neudorf, E.G.</au><au>Kiguel, D.L.</au><au>Hamoud, G.A.</au><au>Porretta, B.</au><au>Stephenson, W.M.</au><au>Sparks, R.W.</au><au>Logan, D.M.</au><au>Bhavaraju, M.P.</au><au>Billinton, R.</au><au>Garrison, D.L.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Cost-benefit analysis of power system reliability: two utility case studies</atitle><jtitle>IEEE Transactions on Power Systems</jtitle><stitle>TPWRS</stitle><date>1995-08-01</date><risdate>1995</risdate><volume>10</volume><issue>3</issue><spage>1667</spage><epage>1675</epage><pages>1667-1675</pages><issn>0885-8950</issn><eissn>1558-0679</eissn><coden>ITPSEG</coden><abstract>There is an emerging recognition that utility investments and other decisions that affect electric service reliability should be explicitly evaluated on the basis of their cost and benefit implications. A cost-benefit approach that quantifies the reliability benefits of alternatives in terms of the reduction in costs resulting from unserved energy enables the evaluation of generation and transmission capacity additions on a consistent, economic basis. This approach has been applied to two utility case studies. In a case study for Pacific Gas and Electric Company, it was used to evaluate three options for maintaining reliability in a major load center-two involving local generation, and the third, a new 230 kV transmission connection. In a case study for Duke Power Company, the approach was used to evaluate alternative designs for proposed additions to a transmission station. This paper describes the methodology and presents the two utility studies.< ></abstract><cop>New York, NY</cop><pub>IEEE</pub><doi>10.1109/59.466474</doi><tpages>9</tpages></addata></record> |
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| subjects | Applied sciences Computer aided software engineering COST BENEFIT ANALYSIS Electrical engineering. Electrical power engineering Electrical power engineering Exact sciences and technology Investments Maintenance Operation. Load control. Reliability Power engineering and energy POWER GENERATION Power generation economics Power networks and lines Power system reliability POWER SYSTEMS POWER TRANSMISSION POWER TRANSMISSION AND DISTRIBUTION RELIABILITY Sparks System testing |
| title | Cost-benefit analysis of power system reliability: two utility case studies |
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