Comparison of different models for estimating the residential sector customer interruption costs

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dc.contributorAalto-yliopistofi
dc.contributorAalto Universityen
dc.contributor.authorKüfeoglu, Sinanen_US
dc.contributor.authorLehtonen, Mattien_US
dc.contributor.departmentDepartment of Electrical Engineering and Automationen
dc.contributor.groupauthorPower Systems and High Voltage Engineeringen
dc.date.accessioned2017-05-03T11:27:15Z
dc.date.available2017-05-03T11:27:15Z
dc.date.issued2015en_US
dc.description.abstractEstimation of economic impacts of power interruptions in residential customers segment is a challenging and tedious task. The literature presents different methods to come up with sound calculations for these customer interruption costs. This paper makes use of a detailed customer survey study that was conducted in Finland and presents a comparison of five different models: WTA, WTP, direct worth approach, price elasticity approach and a new macroeconomic model. When doing the analysis a total of 1009 customers are divided into three sub-categories regarding the distinct characteristics of power consumptions: households, vacation houses and farm house customers.en
dc.description.versionPeer revieweden
dc.format.extent50-55
dc.format.mimetypeapplication/pdfen_US
dc.identifier.citationKüfeoglu, S & Lehtonen, M 2015, ' Comparison of different models for estimating the residential sector customer interruption costs ', Electric Power Systems Research, vol. 122, no. 2, pp. 50-55 . https://doi.org/10.1016/j.epsr.2014.12.026en
dc.identifier.doi10.1016/j.epsr.2014.12.026en_US
dc.identifier.issn0378-7796
dc.identifier.otherPURE UUID: 2a50764b-63a8-48ff-aeb9-cba33fd190been_US
dc.identifier.otherPURE ITEMURL: https://research.aalto.fi/en/publications/2a50764b-63a8-48ff-aeb9-cba33fd190been_US
dc.identifier.otherPURE FILEURL: https://research.aalto.fi/files/11716562/1_s2.0_S0378779614004726_main.pdfen_US
dc.identifier.urihttps://aaltodoc.aalto.fi/handle/123456789/25334
dc.identifier.urnURN:NBN:fi:aalto-201705033735
dc.language.isoenen
dc.relation.ispartofseriesELECTRIC POWER SYSTEMS RESEARCHen
dc.relation.ispartofseriesVolume 122, issue 2en
dc.rightsopenAccessen
dc.subject.keywordResidentialen_US
dc.subject.keywordEconometricen_US
dc.subject.keywordCustomeren_US
dc.subject.keywordInterruptionen_US
dc.subject.keywordCostsen_US
dc.subject.keywordModelsen_US
dc.titleComparison of different models for estimating the residential sector customer interruption costsen
dc.typeA1 Alkuperäisartikkeli tieteellisessä aikakauslehdessäfi
dc.type.versionpublishedVersion
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