• Published 2008

The Economic Value of Improving the Reliability of Supply on a Bulk Power Transmission Network

@inproceedings{Mount2008TheEV,
  title={The Economic Value of Improving the Reliability of Supply on a Bulk Power Transmission Network},
  author={Tim Mount and Alberto J. Lamadrid and Surin Maneevitjit and Bob Thomas and Ray Zimmerman},
  year={2008}
}
Department of Applied Economics and Management and School of Electrical and Computer Engineering Cornell University Abstract The two basic criteria used by the North-American Electric Reliability Council (NERC) to measure reliability are 1) “Adequacy” (to ensure that the installed capacity of the supply system is sufficient to meet projected future loads and limit the Loss of Load Expectation (LOLE) to one day in ten years), and 2) “Operating Reliability” (to commit generating units with… CONTINUE READING

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