The value of supply security The costs of power interruptions: Economic input for damage reduction and investment in networks

摘要: Most research into the reliability of electricity supply focuses on suppliers. Reductions in number power interruptions will often be possible, but are very costly. These costs eventually borne by users. This paper studies value security order to determine socially optimal level security. The estimated for Netherlands terms lost production and leisure time. Large differences damage found between sectors, regions periods. Furthermore, outages caused shortages create huge transfers, while created network failures do not transfers. estimates can used make decisions case optimize investments network.