Shadow pricing of electric power interruptions for distribution system operators in Finland

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dc.contributor Aalto-yliopisto fi
dc.contributor Aalto University en
dc.contributor.author Küfeoǧlu, Sinan
dc.contributor.author Gündüz, Niyazi
dc.contributor.author Chen, Hao
dc.contributor.author Lehtonen, Matti
dc.date.accessioned 2018-09-04T11:13:58Z
dc.date.available 2018-09-04T11:13:58Z
dc.date.issued 2018-01-01
dc.identifier.citation Küfeoǧlu , S , Gündüz , N , Chen , H & Lehtonen , M 2018 , ' Shadow pricing of electric power interruptions for distribution system operators in Finland ' Energies , vol 11 , no. 7 , 1831 . DOI: 10.3390/en11071831 en
dc.identifier.issn 1996-1073
dc.identifier.other PURE UUID: bc242ba1-3f57-4c0c-aeb9-29b0ac937712
dc.identifier.other PURE ITEMURL: https://research.aalto.fi/en/publications/shadow-pricing-of-electric-power-interruptions-for-distribution-system-operators-in-finland(bc242ba1-3f57-4c0c-aeb9-29b0ac937712).html
dc.identifier.other PURE LINK: http://www.scopus.com/inward/record.url?scp=85051200102&partnerID=8YFLogxK
dc.identifier.other PURE FILEURL: https://research.aalto.fi/files/27557158/ELEC_Kufeoglu_etal_Shadow_Pricing_of_Electric_Energies_11_7_1831_2018.pdf
dc.identifier.uri https://aaltodoc.aalto.fi/handle/123456789/33818
dc.description.abstract Increasing distributed generation and intermittencies, along with the increasing frequency of extreme weather events, impose a serious challenge for electric power supply security. Understanding the costs of interruption is vital in terms of enhancing the power system infrastructure and planning the distribution grid. Furthermore, customer rights and demand response techniques are further reasons to study the worth of power reliability. In this paper, the authors make use of directional distance function and shadow pricing methods in a case study of Finland. The aim is to calculate the cost of one minute of power interruption from the perspective of the distribution network operator. The sample consists of 78 distribution network operators from Finland, and uses cost and network information between 2013 and 2015. en
dc.format.mimetype application/pdf
dc.language.iso en en
dc.relation.ispartofseries Energies en
dc.relation.ispartofseries Volume 11, issue 7 en
dc.rights openAccess en
dc.subject.other Renewable Energy, Sustainability and the Environment en
dc.subject.other Energy Engineering and Power Technology en
dc.subject.other Energy (miscellaneous) en
dc.subject.other Control and Optimization en
dc.subject.other Electrical and Electronic Engineering en
dc.subject.other 213 Electronic, automation and communications engineering, electronics en
dc.title Shadow pricing of electric power interruptions for distribution system operators in Finland en
dc.type A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä fi
dc.description.version Peer reviewed en
dc.contributor.department University of Cambridge
dc.contributor.department School common, ELEC
dc.contributor.department Beijing Institute of Technology
dc.contributor.department Department of Electrical Engineering and Automation
dc.subject.keyword Distribution system operator
dc.subject.keyword Interruption cost
dc.subject.keyword Power interruption
dc.subject.keyword Shadow price
dc.subject.keyword Renewable Energy, Sustainability and the Environment
dc.subject.keyword Energy Engineering and Power Technology
dc.subject.keyword Energy (miscellaneous)
dc.subject.keyword Control and Optimization
dc.subject.keyword Electrical and Electronic Engineering
dc.subject.keyword 213 Electronic, automation and communications engineering, electronics
dc.identifier.urn URN:NBN:fi:aalto-201809044938
dc.identifier.doi 10.3390/en11071831
dc.type.version publishedVersion


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