Value of Lost Load: An Efficient Economic Indicator for Power Supply Security? A Literature Review

Frontiers in Energy Research

Thomas eSchröder¹  Wilhelm eKuckshinrichs¹ 

[1] Forschungszentrum Jülich GmbH;

关键词: Energy systems;    Energy Security;    literature review;    Power Outage;    Value of lost load (VOLL);   

DOI  :  10.3389/fenrg.2015.00055

来源: DOAJ

【 摘 要 】

Security of electricity supply has become a fundamental requirement for well-functioning modern societies. Because of its central position in all sections of society, the present paper considers the economic consequences of a power supply interruption.The Value of Lost Load (VoLL) is a monetary indicator expressing the costs associated with an interruption of electricity supply. This paper reviews different methods for calculating VoLL, provides an overview of recently published studies, and presents suggestions to increase the explanatory power and international comparability of VoLL.

【 授权许可】

Unknown