Title :
An experience-oriented approach to risk of postponement in investment planning for a distribution network operator
Author :
Schoppitsch, D. ; Schuster, T. ; Theil, A.
Abstract :
This paper presents an objective, flexible and expandable model of dealing with the risk of postponement (rop) of projects in the investment plan. The 3 factor (3F-) method is used to assess the general (risk group specific and experience based) and individual (project specific) postponement risk of every project. The result is a rop priority index for the investment plan as a quantified guide for project urgency.
Keywords :
investment; power distribution economics; power distribution planning; project engineering; risk analysis; distribution network operator; experience oriented approach; investment planning; investment postponement risk; project urgency; rop priority index;
Conference_Titel :
Integration of Renewables into the Distribution Grid, CIRED 2012 Workshop
Conference_Location :
Lisbon
Electronic_ISBN :
978-1--84919-628-4
DOI :
10.1049/cp.2012.0711
