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… factors that go into determining the Value of lost load (Voll) for each customer classification and geographical … Our assumption in this report is based on the 2013 EA Voll Survey6 Table 1. Refer to Appendix for a break-down by … - Report on methodology and key findings, 23 July 2013 VOLL: http://www.ea.govt.nz/dmsdocument/15385 …

… Economic Consequence” sub- category after we revisited the VoLL information. This update is reflected in Appendix 1. 1 … the POSs at HUI and MNI. At HUI, the value of lost load (VoLL) was based on the assumption that consumption is split … plant, which if taken into account would result in a higher VoLL. With this higher VoLL, the economic consequence of HUI …

… Economic Consequence” sub- category after we revisited the VoLL information. This update is reflected in Appendix 1. 1 … the POSs at HUI and MNI. At HUI, the value of lost load (VoLL) was based on the assumption that consumption is split … plant, which if taken into account would result in a higher VoLL. With this higher VoLL, the economic consequence of HUI …

… we are considering a more quantitative approach based on: – VoLL x average energy being supplied. • Advantages of … energy differences between POS while still recognising that VoLL may vary for different loads being supplied. – More …

… high-voltage electricity network (the national grid). VOLL Value of lost load – equivalent to the value of … Value of expected unserved energy The Value of Lost Load (VoLL, also known as Value of Expected Unserved Energy) is … investigation? Question 8: Do you consider this VoLL ($25,300/MWh) appropriate for valuing unserved energy? …

… Benefits = Probability of event × (Unserved Energy × VoLL + Repair costs) We consider the following events and … outage, with 8 hours valued at the full Value of Lost Load (VoLL) and the remained at 20% of the value of unserved … cost: HILP event cost = Average(Demand profile ∗ Filter) × VoLL + Repair cost The risk is given by the annual expected …

… requirements, Regional network model, Value of lost load (VoLL) Assumption Book on a time bound review and … Load Forecast, Generation Forecast, Value of Lost Load (VOLL), Value of Foregone Generation (VOFG) Power Systems … volume used for both load and generation. Load valued at VoLL, generation at VoFG 0% X% 100% Demand limit after …

… requirements, Regional network model, Value of lost load (VoLL) Assumption Book on a time bound review and … Load Forecast, Generation Forecast, Value of Lost Load (VOLL), Value of Foregone Generation (VOFG) Power Systems … volume used for both load and generation. Load valued at VoLL, generation at VoFG 0% X% 100% Demand limit after …

… performance incentives. Just as Transpower is considering VoLL as a way to benchmark the reliability incentive … connection locations for load can be expressed in terms of VoLL. For generation connection locations, the AC …

… required for the new approach, such as Value of Loss Load (VoLL), while not arbitrary do have wide error bounds. Estimating and then applying VoLL is complicated by the inherent non-linearity that can …