This study highlights the importance of developing and applying a new criterion for power system planning that is based on optimal reliability levels. Using a dual economic-engineering method, it is shown both theoretically and operationally that it is possible to establish an optimum plan for long run power system expansion and a corresponding range of reliability levels that will produce the greatest net social benefits. Such a treatment of the effects of reliability on both the supply and demand sides require accurate estimates of system costs and outage costs. Estimates of system costs may be determined from straightforward engineering-economic considerations. Estinating outage costs is a more difficult task, however. Therefore, new models and detailed methods are presented for analyzing the various ways in which electricity is used by different categories of consumers.
详细
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作者
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文件日期
1979/01/01
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文件类型
出版
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报告号
UNN352
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卷号
1
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Total Volume(s)
1
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国家
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地区
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发布日期
2003/06/25
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Disclosure Status
Disclosed
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文件名称
Economics of power system reliability and planning : theory and case study
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关键词
social cost-benefit analysis;discount value;power system;power system planning;marginal rate of substitution;Operational Core Curriculum;constant elasticity of substitution;electric power system;supply cost;concept of reliability;electric power shortage;electric power sector;net social benefit;economies of scale;power system expansion;shadow wage rate;electric power utility;amount of power;transmission and distribution;marginal cost pricing;total social cost;effect of price;shadow exchange rate;quality of supply;electric power industry;production of electricity;cost of electricity;factor of production;basic mathematical concept;monte carlo simulation;planning and design;demand for electricity;third world countries;power tariff structure;commercial load;cost of supply;cost to consumer;oil price increases;rate of growth;power generating plant;public sector investment;marginal cost price;critical consumption level;reliability of supply;supply of power;lack of water;improvements in efficiency;level of performance;residential electricity consumer;official exchange rate;
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