Probabilistic interpretation of customer interruption cost (CIC) applied to South African systems

Author

Herman, Ron ; Gaunt, Trevor

Author_Institution

Dept. of Electr. Eng., Univ. of Cape Town, Cape Town, South Africa

fYear

2010

fDate

14-17 June 2010

Firstpage

564

Lastpage

568

Abstract

This paper reports on customer interruption cost (CIC) measurement in the commercial and industrial sectors. It accommodates the time-dependence of interruptions. It proposes a method of predicting the probability of such interruptions and of their cost. A method of scaling CIC is proposed for different sizes of customer. The result of the whole approach is the probabilistic financial impact assessment of interruptions, which provides an appropriate basis for decision-making.

Keywords

costing; customer services; decision making; power markets; power system economics; power system reliability; probability; CIC probabilistic interpretation; South African systems; customer interruption cost; decision making; probabilistic financial impact assessment; Africa; Cities and towns; Costs; Decision making; Demography; Electric variables measurement; Frequency; Performance analysis; Regulators; Robustness; Customer Interruption Costs; probabilistic reliability evaluation;

fLanguage

English

Publisher

ieee

Conference_Titel

Probabilistic Methods Applied to Power Systems (PMAPS), 2010 IEEE 11th International Conference on

Conference_Location

Singapore

Print_ISBN

978-1-4244-5720-5

Type

conf

DOI

10.1109/PMAPS.2010.5528947

Filename

5528947