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… the value of expected unserved energy (value of lost load, VoLL) = $ 20,000/MWh  Fixed cost per outage: The fixed cost … cost of SO initiated planned load shedding is valued at VoLL, $ 20,000/MWh  System losses are valued at the …

… 36. MEUG and NZ Steel disagreed with using a single VoLL for all load customers. For example, MEUG thought “The … not be based on a single or small number of generalised VoLL estimates”. Similarly, NZ Steel submitted: “A standard VoLL number is not an appropriate measure for direct connect …

… based on the MBIE 2019 EDGS29. • To determine the cost of VoLL at specific GXPs, we use a VoLL of 26,400/MWh for Bombay and 27,800/MWh for Wiri (along … these values as we consider them a better representation of VoLL at these GXPs than $20,000/MWh. We note that our …

… unserved energy (MWh) multiplied by the value of lost load (VoLL) ($/MWh). 63. The parties receiving these benefits … value is commonly referred to as the Value of Lost Load (VoLL). 228. VoLL represents the economic value a consumer places on …

… comments about the preferred approach to determining the VoLL of lines company feeders? No. 4 Efficient procurement … any other technical reasons (other than load shape, or the VoLL of customers connected to it) why a feeder may not be …

… and reconductoring), integrating value of lost load (VoLL) estimates into our asset management toolsets, and … major and listed projects. We undertook value of lost load (VoLL) surveys to improve the economic basis for our … the incentive strength (i.e., 50% of value of lost load (VoLL)) for the proposed performance measures. 32 Regulatory …

… power system model provides loads lost across all POSs, and VoLL is applied to these loads to monetise the consequence. The VoLL value utilised in the calculation for each POS was extrapolated from our VoLL survey in 2016. • A probability is not applied to the …

… the SPS itself plus the expected unserved energy valued at VoLL was included in the overall costs b. using demand … consistent with MBIE’s EDGS10. • To determine the cost of VoLL at specific GXPs, we use a VoLL of 26,400/MWh for Bombay and 27,800/MWh for Wiri (along …

… are changing existing understanding). • Value of Lost Load (VOLL) currently used to justify asset reliability investment … the Government’s second emissions reduction plan, p.112 5 VOLL estimates do not include risk aversion or societal cost in relation to a catastrophic event. In addition, the VOLL estimate is not based on long duration outages. …

… pre-contingent SIR procurement. The Value of Lost Load (VoLL) of $26,500 is based on the value specified in the Code … is determined separately for each bus. Some costs, like VoLL are consistent across all cases studied. ‘Other’ costs, … or shed involuntarily i.e. AUFLS blocks tripping, we use a VOLL of $26,500/MWh to price the cost of these loads. This …