IDEAS home Printed from https://ideas.repec.org/a/eee/enepol/v25y1997i1p97-103.html
   My bibliography  Save this article

Electricity supply reliability : Estimating the value of lost load

Author

Listed:
  • Willis, K. G.
  • Garrod, G. D.

Abstract

No abstract is available for this item.

Suggested Citation

  • Willis, K. G. & Garrod, G. D., 1997. "Electricity supply reliability : Estimating the value of lost load," Energy Policy, Elsevier, vol. 25(1), pages 97-103, January.
  • Handle: RePEc:eee:enepol:v:25:y:1997:i:1:p:97-103
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301-4215(96)00123-1
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Willig, Robert D, 1976. "Consumer's Surplus without Apology," American Economic Review, American Economic Association, vol. 66(4), pages 589-597, September.
    2. Beggs, S. & Cardell, S. & Hausman, J., 1981. "Assessing the potential demand for electric cars," Journal of Econometrics, Elsevier, vol. 17(1), pages 1-19, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kim, Jihyo & Kim, Jinsoo & Kim, Yoon Kyung, 2016. "Korean public's preference for supply security of oil and gas and the impact of protest bidders," Energy Policy, Elsevier, vol. 89(C), pages 202-213.
    2. Jamil, Muhammad Hamza & Ullah, Kafait & Saleem, Noor & Abbas, Faisal & Khalid, Hassan Abdullah, 2022. "Did the restructuring of the electricity generation sector increase social welfare in Pakistan?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 157(C).
    3. Kim, Kayoung & Cho, Youngsang, 2017. "Estimation of power outage costs in the industrial sector of South Korea," Energy Policy, Elsevier, vol. 101(C), pages 236-245.
    4. Musiliu 0. Oseni & Michael G. Pollitt, 2013. "The Economic Costs of Unsupplied Electricty: Evidence from Backup Generation among African Firms," Cambridge Working Papers in Economics 1351, Faculty of Economics, University of Cambridge.
    5. Bastos, João Pedro & Cunha, Gabriel & Barroso, Luiz Augusto & Aquino, Thereza, 2018. "Reliability mechanism design: An economic approach to enhance adequate remuneration and enable efficient expansion," Energy, Elsevier, vol. 158(C), pages 1150-1159.
    6. Diboma, B.S. & Tamo Tatietse, T., 2013. "Power interruption costs to industries in Cameroon," Energy Policy, Elsevier, vol. 62(C), pages 582-592.
    7. Cardell, J.B. & Anderson, C.L., 2015. "Targeting existing power plants: EPA emission reduction with wind and demand response," Energy Policy, Elsevier, vol. 80(C), pages 11-23.
    8. Neuhoff, Karsten & De Vries, Laurens, 2004. "Insufficient incentives for investment in electricity generations," Utilities Policy, Elsevier, vol. 12(4), pages 253-267, December.
    9. Aleksandr Kulikov & Pavel Ilyushin & Anton Loskutov & Konstantin Suslov & Sergey Filippov, 2022. "WSPRT Methods for Improving Power System Automation Devices in the Conditions of Distributed Generation Sources Operation," Energies, MDPI, vol. 15(22), pages 1-20, November.
    10. L.J. de Vries & R.A. Hakvoort, 2004. "The Question of Generation Adequacy in Liberalised Electricity Markets," Working Papers 2004.120, Fondazione Eni Enrico Mattei.
    11. Aghajani, Saemeh & Kalantar, Mohsen, 2017. "Operational scheduling of electric vehicles parking lot integrated with renewable generation based on bilevel programming approach," Energy, Elsevier, vol. 139(C), pages 422-432.
    12. Landegren, Finn & Johansson, Jonas & Samuelsson, Olof, 2019. "Quality of supply regulations versus societal priorities regarding electricity outage consequences: Case study in a Swedish context," International Journal of Critical Infrastructure Protection, Elsevier, vol. 26(C).
    13. Toba, Natsuko, 2007. "Welfare impacts of electricity generation sector reform in the Philippines," Energy Policy, Elsevier, vol. 35(12), pages 6145-6162, December.
    14. Damigos, D. & Tourkolias, C. & Diakoulaki, D., 2009. "Households' willingness to pay for safeguarding security of natural gas supply in electricity generation," Energy Policy, Elsevier, vol. 37(5), pages 2008-2017, May.
    15. Stadler, Michael & Cardoso, Gonçalo & Mashayekh, Salman & Forget, Thibault & DeForest, Nicholas & Agarwal, Ankit & Schönbein, Anna, 2016. "Value streams in microgrids: A literature review," Applied Energy, Elsevier, vol. 162(C), pages 980-989.
    16. De Vries, Laurens J., 2007. "Generation adequacy: Helping the market do its job," Utilities Policy, Elsevier, vol. 15(1), pages 20-35, March.
    17. Mier, Mathias, 2021. "Efficient pricing of electricity revisited," Energy Economics, Elsevier, vol. 104(C).
    18. Coll-Mayor, Debora & Pardo, Juan & Perez-Donsion, Manuel, 2012. "Methodology based on the value of lost load for evaluating economical losses due to disturbances in the power quality," Energy Policy, Elsevier, vol. 50(C), pages 407-418.
    19. Alexandros Korkovelos & Dimitrios Mentis & Morgan Bazilian & Mark Howells & Anwar Saraj & Sulaiman Fayez Hotaki & Fanny Missfeldt-Ringius, 2020. "Supporting Electrification Policy in Fragile States: A Conflict-Adjusted Geospatial Least Cost Approach for Afghanistan," Sustainability, MDPI, vol. 12(3), pages 1-34, January.
    20. Lilliestam, Johan & Ellenbeck, Saskia, 2011. "Energy security and renewable electricity trade--Will Desertec make Europe vulnerable to the "energy weapon"?," Energy Policy, Elsevier, vol. 39(6), pages 3380-3391, June.
    21. Ziyi Wang & Zengqiao Chen & Cuiping Ma & Ronald Wennersten & Qie Sun, 2022. "Nationwide Evaluation of Urban Energy System Resilience in China Using a Comprehensive Index Method," Sustainability, MDPI, vol. 14(4), pages 1-36, February.
    22. Bublitz, Andreas & Keles, Dogan & Zimmermann, Florian & Fraunholz, Christoph & Fichtner, Wolf, 2018. "A survey on electricity market design: Insights from theory and real-world implementations of capacity remuneration mechanisms," Working Paper Series in Production and Energy 27, Karlsruhe Institute of Technology (KIT), Institute for Industrial Production (IIP).
    23. Bublitz, Andreas & Keles, Dogan & Zimmermann, Florian & Fraunholz, Christoph & Fichtner, Wolf, 2019. "A survey on electricity market design: Insights from theory and real-world implementations of capacity remuneration mechanisms," Energy Economics, Elsevier, vol. 80(C), pages 1059-1078.
    24. Mandelli, Stefano & Brivio, Claudio & Colombo, Emanuela & Merlo, Marco, 2016. "A sizing methodology based on Levelized Cost of Supplied and Lost Energy for off-grid rural electrification systems," Renewable Energy, Elsevier, vol. 89(C), pages 475-488.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Richard T. Carson, 2011. "Contingent Valuation," Books, Edward Elgar Publishing, number 2489.
    2. Willis, K. G. & Garrod, G. D., 1997. "Disamenity externalities from utility networks," Utilities Policy, Elsevier, vol. 6(1), pages 35-41, March.
    3. YingHua He & Thierry Magnac, 2022. "Application Costs and Congestion in Matching Markets," The Economic Journal, Royal Economic Society, vol. 132(648), pages 2918-2950.
    4. Kumar, Sushil & Kant, Shashi, 2007. "Exploded logit modeling of stakeholders' preferences for multiple forest values," Forest Policy and Economics, Elsevier, vol. 9(5), pages 516-526, January.
    5. Dickinson, David L. & Masclet, David & Peterle, Emmanuel, 2018. "Discrimination as favoritism: The private benefits and social costs of in-group favoritism in an experimental labor market," European Economic Review, Elsevier, vol. 104(C), pages 220-236.
    6. Ralph Stevens & Jennifer Alonso Garcia & Hazel Bateman & Arthur van Soest & Johan Bonekamp, 2022. "Saving preferences after retirement," ULB Institutional Repository 2013/342267, ULB -- Universite Libre de Bruxelles.
    7. Tonin, Stefania, 2018. "Citizens’ perspectives on marine protected areas as a governance strategy to effectively preserve marine ecosystem services and biodiversity," Ecosystem Services, Elsevier, vol. 34(PB), pages 189-200.
    8. McVey, Marty Jay, 1996. "Valuing quality differentiated grains from a total logistics perspective," ISU General Staff Papers 1996010108000012326, Iowa State University, Department of Economics.
    9. Salayo, Nerissa D., 2000. "Investment Opportunities for the Shrimp Processing Industry in the Philippines: Results from a Hedonic Analysis," Discussion Papers DP 2000-12, Philippine Institute for Development Studies.
    10. Barbara Baarsma, 2003. "The Valuation of the IJmeer Nature Reserve using Conjoint Analysis," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 25(3), pages 343-356, July.
    11. Stavins, Robert, 2004. "Environmental Economics," Working Paper Series rwp04-051, Harvard University, John F. Kennedy School of Government.
    12. Shrestha, Ram K. & Seidl, Andrew F. & Moraes, Andre S., 2002. "Value of recreational fishing in the Brazilian Pantanal: a travel cost analysis using count data models," Ecological Economics, Elsevier, vol. 42(1-2), pages 289-299, August.
    13. Gopindra Sivakumar Nair & Sebastian Astroza & Chandra R. Bhat & Sara Khoeini & Ram M. Pendyala, 2018. "An application of a rank ordered probit modeling approach to understanding level of interest in autonomous vehicles," Transportation, Springer, vol. 45(6), pages 1623-1637, November.
    14. Arndt, Channing & Schiller, Rico & Tarp, Finn, 2001. "Grain transport and rural credit in Mozambique: solving the space-time problem," Agricultural Economics, Blackwell, vol. 25(1), pages 59-70, June.
    15. Kim, Junghun & Seung, Hyunchan & Lee, Jongsu & Ahn, Joongha, 2020. "Asymmetric preference and loss aversion for electric vehicles: The reference-dependent choice model capturing different preference directions," Energy Economics, Elsevier, vol. 86(C).
    16. Lim, Kyoung-Min & Lim, Seul-Ye & Yoo, Seung-Hoon, 2014. "Estimating the economic value of residential electricity use in the Republic of Korea using contingent valuation," Energy, Elsevier, vol. 64(C), pages 601-606.
    17. Kenneth Koford, 1982. "Centralized vote-trading," Public Choice, Springer, vol. 39(2), pages 245-268, January.
    18. Bryam Paúl Lojano-Riera & Carlos Flores-Vázquez & Juan-Carlos Cobos-Torres & David Vallejo-Ramírez & Daniel Icaza, 2023. "Electromobility with Photovoltaic Generation in an Andean City," Energies, MDPI, vol. 16(15), pages 1-16, July.
    19. Ulrich Schmidt & Stefan Traub, 2009. "An Experimental Investigation of the Disparity Between WTA and WTP for Lotteries," Theory and Decision, Springer, vol. 66(3), pages 229-262, March.
    20. David P. Baron, 1978. "Price Regulation, Quality, and Asymmetric Information," Discussion Papers 359, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:25:y:1997:i:1:p:97-103. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.