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- Value_of_lost_load abstract "The Value of Lost Load (VoLL) is the estimated amount that customers receiving electricity with firm contracts would be willing to pay to avoid a disruption in their electricity service. The value of these losses can be expressed as a customer damage function (CDF). A CDF is defined as: Loss ($/kW) = ƒ (duration, season, time of day, notice)Based on the calculated outage cost, a CDF can be obtained for various customer groups. Typically, there are three distinct groups of customers: residential, small and medium commercial/industry and large commercial/industrial. Figure 1 below illustrates the incremental CDFs of these three groups.The CDF relates the magnitude of customer losses (per kW interrupted) for a given duration of a power outage. While the general shapes of all three curves are similar, the magnitude of loss varies dramatically depending on the customer’s size. Based on VoLL data from an EGAT survey in March and April 2000, it was estimated that the customers’ costs in the first hour for residential customers was Baht 11.45/kW. For large commercial/industrial (C/I) and small & medium C/I customers, the cost in the first hour was Baht 29.55/kW and Baht 89.50 /kW respectively. Further research from EPRI indicates that residential customers’ cost tend to peak at USD 1.50/kW in the first hour and falls of to USD 0.46/kW in subsequent hours. On the other hand, large C/I and small & medium C/I suffer much higher losses of USD 10/kW and USD 38/kW respectively in the first hour. This falls to USD 4/kW and USD 9/kW respectively in the subsequent hours.The CDF predicts the loss per interrupted kW based on factors that influence the outage. The CDF is usually calculated based on defined market segments such as residential, commercial, and industrial. This is done because there are large variations of costs across the utility market segments. However, in a large area it is a normal practice that the interruption cost is aggregated to represent a general picture of the load losses. The aggregated interruption cost is called the composite CDF.".
- Value_of_lost_load thumbnail Voll_cdf.JPG?width=300.
- Value_of_lost_load wikiPageExternalLink MEng%20Dissertation%20%28Daniel%20Andrew%20Sen%29.pdf?attredirects=0&d=1.
- Value_of_lost_load wikiPageID "7273059".
- Value_of_lost_load wikiPageLength "3350".
- Value_of_lost_load wikiPageOutDegree "8".
- Value_of_lost_load wikiPageRevisionID "652033963".
- Value_of_lost_load wikiPageWikiLink Category:Electric_power_distribution.
- Value_of_lost_load wikiPageWikiLink Category:Energy_economics.
- Value_of_lost_load wikiPageWikiLink Category:Power_engineering.
- Value_of_lost_load wikiPageWikiLink Electric_Power_Research_Institute.
- Value_of_lost_load wikiPageWikiLink Electricity_generation.
- Value_of_lost_load wikiPageWikiLink Electricity_market.
- Value_of_lost_load wikiPageWikiLink File:Voll_cdf.JPG.
- Value_of_lost_load wikiPageWikiLink Power_outage.
- Value_of_lost_load wikiPageWikiLinkText "Value of lost load".
- Value_of_lost_load wikiPageWikiLinkText "value of lost load".
- Value_of_lost_load hasPhotoCollection Value_of_lost_load.
- Value_of_lost_load subject Category:Electric_power_distribution.
- Value_of_lost_load subject Category:Energy_economics.
- Value_of_lost_load subject Category:Power_engineering.
- Value_of_lost_load hypernym Amount.
- Value_of_lost_load type Disease.
- Value_of_lost_load comment "The Value of Lost Load (VoLL) is the estimated amount that customers receiving electricity with firm contracts would be willing to pay to avoid a disruption in their electricity service. The value of these losses can be expressed as a customer damage function (CDF). A CDF is defined as: Loss ($/kW) = ƒ (duration, season, time of day, notice)Based on the calculated outage cost, a CDF can be obtained for various customer groups.".
- Value_of_lost_load label "Value of lost load".
- Value_of_lost_load sameAs m.025xxc9.
- Value_of_lost_load sameAs Q7912765.
- Value_of_lost_load sameAs Q7912765.
- Value_of_lost_load wasDerivedFrom Value_of_lost_load?oldid=652033963.
- Value_of_lost_load depiction Voll_cdf.JPG.
- Value_of_lost_load isPrimaryTopicOf Value_of_lost_load.
