• The Transactions of The Korean Institute of Electrical Engineers
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• v.62 no.8
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• pp.1066-1073
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• 2013

This paper illustrates newly an outage cost impact index function(OCIIF). The assessment of the OCIIF is described using the Web Based Online Real-time Outage Cost Assessment and Information System(WOROCAIS) for power system outage cost assessment in Korea. The proposed OCIIF is not absolute but relative outage cost impact index function in view point of outage time using web based survey method for outage cost assessment. While conventional methodology does not consider short time outage cost assessment, the proposed OCIIF reflects short time outage. SCOF(Sector Customer Outage Function) in stead of the traditional SCDF(Sector Customer Damage Function) is defined and proposed newly in this paper. Based the SCOF, AVLL(Average Value of Loss Load) is newly proposed. The OCIIF is demonstrated by WOROCAIS in case study around 2,000 sample data surveyed by KEPCO in South Korea in recent.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.60 no.4
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• pp.726-732
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• 2011

To establish the transmission system expansion plan based on reliability, valuation of outage cost become more important. In previous studies about outage cost estimation, macroscopic, microscopic and analytic methods are proposed but they have some limit. For instance, microscopic method involves a complex field survey process and macroscopic method can not estimate regional outage cost. So in this paper, a new method to estimate regional macroscopic outage cost using the reduction of value added due to power outages is proposed. This method uses regional add value according to production activities called Gross Regional Domestic Product(GRDP) and regional electricity sales.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.61 no.9
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• pp.1249-1259
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• 2012

This paper proposes a Web Based Online Outage Cost Assessment and Information System(WOOCAIS) for power system outage cost assessment. The proposed WOOCAIS is a kind of web based survey method for outage cost assessment. While conventional survey methods have done outage cost assessment based on survey paper lists collected by post mail or visiting customers, the proposed WOOCAIS is a web based online survey operation and assessment system. Therefore, it can curtail expenditure for survey and also is more convenient than conventional method. It will be set up for actual outage cost assessment system of KEPCO in South Korea in the near future. The WOOCAIS will be applied in various research and actual planning and operation areas. First of all, the assessed results may be not only applied as one of objective function for generation system and grid expansion but also operational planning problems in power system.

• The Transactions of the Korean Institute of Electrical Engineers
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• v.32 no.2
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• pp.33-42
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• 1983

Outage cost inclusion in operational simulation is very important subject in generation planning. Conventional discretized one in probabilistic simulation has unavoidably insufficient modeling and costly computation time. Now that the analytic operational simulation is possible, the outage cost inclusion is desired. With this inclusion the objective function of operational simulation becomes convex, so that analytic manipulation is easier. The derivation of outage cost is made in this paper, and the effects is evaluated. Further marginal cost is mentioned.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.49 no.11
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• pp.549-557
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• 2000

This study proposes a new numerical analysis method for assessing the outage cost of the composite power system with considering transmission system at load points. The proposed method comes from combination of the expected energy not served curve(EENSC) with the marginal outage cost function obtained at load points. Uncertainty of the outages of the generation and transmission systems was also included in this study. This study can be categorized into three processing parts as like as follows. Firstly, EENSC at load points was developed newly from the composite power system effective load duration curve which has been proposed by the authors. Secondly, this study proposes a new technical method for determining the coefficients of the marginal outage cost functions at load points in the composite power system(Generation and Transmission systems). It is a main key point that the mathematical expression for the marginal outage cost function at a load point is formulated and evaluated using relations between the GNP (or GDP) and the electrical energy demand at the load pint. Finally, the outage cost was calculated in this paper by combining the proposed EENSC with the marginal outage cost function evaluated at each load point. It is another important feature that the average costs for future at load points can be forescasted using the proposed approach. The effectiveness of the proposed new approach is demonstrated by the case studies with the IEEE-RTS.

• Proceedings of the KIEE Conference
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• 1998.07c
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• pp.1033-1035
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• 1998

This paper presents a new analytical method for assessing outage cost of composite power system with considering transmission system uncertainty. Composite power system ELDC(CMELDC) was developed and proposed from reliability evaluation of composite power system in order to analysis the outage cost on HLII. In this study, considering the characteristic of each load point, the CMELDC was used for outage cost assessment and reliability evaluation at each load point. The characteristics and effectiveness of this methodology are illustrated by the case study (IEEE-RTS 24Buses).

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.53 no.5
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• pp.285-295
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• 2004

The outage cost assessment has an important position for determination of the optimal level or optimal range of reliability for power system expansion planning. Establishing the worth of service reliability is a very difficult and subjective task. While the utility cost(reliability cost) will generally increase as consumers are provided with higher reliability, the consumer costs(reliability worth) associated with supply interruptions will decrease as the reliability increases. The total costs to society are the sum of these two individual costs and the optimum or target level of reliability is achieved at minimum point of the total cost curve. This paper addresses the role, need and assessment algorithms and methodologies of the outage cost in power system expansion planning. In a case study, the outage cost has been assessed using macro approach for our country 15years(1986-200l) in the case study. Additionally, determination processing of optimum reliability level is presented in another case study with the five buses MRBTS.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.59 no.10
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• pp.1703-1711
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• 2010

Electric power utilities are facing increasing uncertainties regarding the economic, political, societal, environmental constraints under they operate and plan their future systems. The utilities have to integrate consumers' interruption cost representing reliability worth of electricity into the process of determining the optimum investment level. In order to do so, the estimated outage cost must be included into quantitative index corresponding to system capital and operation investment cost to establish an optimal expansion plan. This paper is a study on the outage cost assessment by using macro approach for calculating IEAR(Interrupted Energy Assessment Rates) and the TRELSS(Transmission Reliability Evaluation for Large-Scale Systems) program was used to calculate EENS(Expected Energy Not Served).

• Proceedings of the KIEE Conference
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• 2003.07a
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• pp.139-141
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• 2003

The outage cost has very important position for determination of the optimal level or optimal range of reliability in power system expansion planning. Establishing the worth of service reliability is a very difficult and subjective task. This paper addresses the role, need and assessment algorithm and methodology of the outage cost on power system expansion planning. Furthermore outage cost has been assessed using macro approach for our country 15years(1986-2001) in the case study.

• Proceedings of the KIEE Conference
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• 2003.11a
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• pp.479-483
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• 2003

The outage cost has very important position for determination of the optimal level or optimal range of reliability in power system expansion planning. Establishing the worth of service reliability is a very difficult and subjective task. This paper suggests strategies for the role, need and assessment algorithm and methodology of the outage cost in power system expansion planning. Organization, data collections and method about D/B for outage cost assessment is proposed in the this study.