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… 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 …

… states that the default value of expected unserved energy (VoLL) is equivalent to the value defined in the Electricity … and $60,000/MWh. Q13. Do you consider that our proposed VoLL of $31,500/MWh to be appropriate for valuing unserved …

… 11 A.1.7 Value of lost load (Voll) … cost of energy analysis – v 10.0 A.1.7 Value of lost load (Voll) The assumptions are based on the EA report: … Consumer Classification Consumption (GWh) per annum $ (000) Voll residential 12 non-residential (small) ≤ 0.2 57 … Profile A.1.6 Capital Cost Trends A.1.7 Value of lost load (Voll) A.2 Appendix: Heat Map Visualisation of Average …

… 11 A.1.7 Value of lost load (Voll) … cost of energy analysis – v 10.0 A.1.7 Value of lost load (Voll) The assumptions are based on the EA report: … Consumer Classification Consumption (GWh) per annum $ (000) Voll residential 12 non-residential (small) ≤ 0.2 57 … Profile A.1.6 Capital Cost Trends A.1.7 Value of lost load (Voll) A.2 Appendix: Heat Map Visualisation of Average …

… unserved energy (MWh) multiplied by the value of lost load (VoLL) ($/MWh). 163.5 The regions and customer types affected … the system event. 164. All loads will have the same VoLL for a given BBI equal to the value used in the … system fault or a failure of an asset. 11.4 Rationale – one VoLL for all load customers 170. MEUG and NZ Steel disagreed …

… impacts were consistent with the literature (and our own VOLL survey in 2016)12 on how different customers are … power for approx. 65 minutes. 12 Refer Value of Lost Load (VoLL) study | Transpower … https://www.transpower.co.nz/resources/value-lost-load-voll-study#downloads TRANSPOWER NEW ZEALAND 16 Summary …

… supply in the WUNI region we use a Value of Lost Load (VoLL) equal to $26,500/MWh. This number is based on the … of post-fault demand shedding at specific GXPs, we use a VoLL of between $17,600 - $24,200/MWh, varying by the GXP at … these values as we consider them a better representation of VoLL at these GXPs. Our sensitivity analysis uses VoLLs of …

… for this investigation? A: Yes 10: Do you consider this VoLL ($26,200/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 …

… in the WUNI region we have used a Value of Lost Load (VoLL) equal to $26,500/MWh. This number is based on the … of post-fault demand shedding at specific GXPs, we use a VoLL of between $17,600 - $24,200/MWh, varying by the GXP at … these values as we consider them a better representation of VoLL at these GXPs. • Pre-fault demand management cost of …