Interruption costs of service sector electricity customers, a hybrid approach

dc.contributorAalto-yliopistofi
dc.contributorAalto Universityen
dc.contributor.authorKufeoglu, Sinan
dc.contributor.authorLehtonen, Matti
dc.contributor.departmentPower Systems and High Voltage Engineering
dc.contributor.departmentDepartment of Electrical Engineering and Automationen
dc.date.accessioned2017-05-11T09:10:53Z
dc.date.available2017-05-11T09:10:53Z
dc.date.issued2015
dc.description.abstractA power outage brings in economic losses for both the customers and the utilities. Studying these unwanted events and making solid predictions about the outcomes of the interruptions has been an attractive area of interest for the researchers for the last couple of decades. By making use of a customer survey study conducted in Finland, this paper benefits from both the reported cost data collected from customers and from the analytical data that are available and then presents a new hybrid approach to estimate the customer interruption costs of service sector customer segment. Making use of Value Added information of the customers is a common practice for the cost normalization purposes. This paper verifies the approach by comparing the findings of the customer survey and the econometric model suggested here. This study is a unique source in terms of providing a reliable, easy to apply, and a straightforward model for calculating the economic impacts of power outages.en
dc.description.versionPeer revieweden
dc.format.extent588-595
dc.format.mimetypeapplication/pdf
dc.identifier.citationKufeoglu , S & Lehtonen , M 2015 , ' Interruption costs of service sector electricity customers, a hybrid approach ' , International Journal of Electrical Power and Energy Systems , vol. 64 , pp. 588-595 . https://doi.org/10.1016/j.ijepes.2014.07.046en
dc.identifier.doi10.1016/j.ijepes.2014.07.046
dc.identifier.issn0142-0615
dc.identifier.issn1879-3517
dc.identifier.otherPURE UUID: e805de8c-b775-47c7-9c17-75d35828c898
dc.identifier.otherPURE ITEMURL: https://research.aalto.fi/en/publications/e805de8c-b775-47c7-9c17-75d35828c898
dc.identifier.otherPURE LINK: http://www.sciencedirect.com/science/article/pii/S0142061514004815
dc.identifier.otherPURE FILEURL: https://research.aalto.fi/files/11596952/1_s2.0_S0142061514004815_main.pdf
dc.identifier.urihttps://aaltodoc.aalto.fi/handle/123456789/25932
dc.identifier.urnURN:NBN:fi:aalto-201705114307
dc.language.isoenen
dc.relation.ispartofseriesINTERNATIONAL JOURNAL OF ELECTRICAL POWER AND ENERGY SYSTEMSen
dc.relation.ispartofseriesVolume 64en
dc.rightsopenAccessen
dc.subject.keywordPower interruption
dc.subject.keywordustomer interruption cost
dc.subject.keywordService sector customers
dc.subject.keywordElectric power reliability
dc.subject.keywordCustomer survey
dc.titleInterruption costs of service sector electricity customers, a hybrid approachen
dc.typeA1 Alkuperäisartikkeli tieteellisessä aikakauslehdessäfi
dc.type.versionpublishedVersion
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