Title :
Evaluation of power outage costs for industrial sectors in Finland
Author :
Kufeoglu, Sinan ; Lehtonen, Matti
Author_Institution :
Aalto Univ., Aalto, Finland
Abstract :
Estimating the customer interruption costs is a challenge for the electric power society. In this paper the results of a customer survey on power outage costs for industry sectors conducted in Finland have been presented. In addition, the problem of strategic responses has been investigated and an elimination method for the zero and extreme responses has been proposed.
Keywords :
costing; power markets; power system economics; power system reliability; Finland; customer interruption cost estimation; electric power society; elimination method; industrial sector; power outage cost evaluation; strategic responses problem;
Conference_Titel :
Electricity Distribution (CIRED 2013), 22nd International Conference and Exhibition on
Conference_Location :
Stockholm
Electronic_ISBN :
978-1-84919-732-8
DOI :
10.1049/cp.2013.1044
