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DOI | 10.1016/j.enpol.2016.11.048 |
Estimation of power outage costs in the industrial sector of South Korea | |
Kim, Kayoung; Cho, Youngsang | |
2017-02-01 | |
发表期刊 | ENERGY POLICY
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ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2017 |
卷号 | 101 |
文章类型 | Article |
语种 | 英语 |
国家 | South Korea |
英文摘要 | This study estimates the power outage costs of the industrial sector by not only considering production loss but also the customer's inconvenience and various damages. For the estimation, we used a Type II Tobit model with firm-level survey data for 430 firms, and considered factors affecting the outage cost such as outage duration, average annual sales, and average monthly electricity consumption, among others. In addition, we analyzed the effect of the preannouncement of a rolling blackout on outage cost savings, and also examined the value of an emergency generator. From the estimation results, we found that the estimated outage cost is 1.24-1.3 times greater than the simple value of lost load (VoLL), and this difference increases when companies have emergency generator. The commercial and public service sector can reduce the outage cost the most compared to other sectors when a preannouncement is provided, and operating emergency generators can lower the outage cost in these sectors. Finally, we confirm that South Korea's rolling blackout in the predetermined order by the industry is appropriate to minimize the outage costs for the national economy when the outage is preannounced, but is not appropriate when there is no preannouncement. |
英文关键词 | Outage cost Industrial sector Preannouncement Type II Tobit model |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000392768800023 |
WOS关键词 | CUSTOMER DAMAGE FUNCTION ; SUPPLY SECURITY ; LOST LOAD ; ELECTRICITY ; INTERRUPTIONS ; ALTERNATIVES ; RELIABILITY ; CONSUMERS |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/18575 |
专题 | 气候变化 |
作者单位 | Yonsei Univ, Coll Engn, Dept Informat & Ind Engn, 50 Yonsei Ro, Seoul 120749, South Korea |
推荐引用方式 GB/T 7714 | Kim, Kayoung,Cho, Youngsang. Estimation of power outage costs in the industrial sector of South Korea[J]. ENERGY POLICY,2017,101. |
APA | Kim, Kayoung,&Cho, Youngsang.(2017).Estimation of power outage costs in the industrial sector of South Korea.ENERGY POLICY,101. |
MLA | Kim, Kayoung,et al."Estimation of power outage costs in the industrial sector of South Korea".ENERGY POLICY 101(2017). |
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