Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Designing reward and penalty scheme in performance-based regulation for electric distribution companies
Tarbiat Modares University, Tehran.
KTH, School of Electrical Engineering (EES), Electric Power Systems.
KTH, School of Electrical Engineering (EES), Electric Power Systems.ORCID iD: 0000-0002-8189-2420
Tarbiat Modares University, Tehran.
2012 (English)In: IET Generation, Transmission & Distribution, ISSN 1751-8687, E-ISSN 1751-8695, Vol. 6, no 9, 893-901 p.Article in journal (Refereed) Published
Abstract [en]

A reward and penalty scheme (RPS) in performance-based regulation (PBR) penalises companies for providing poor reliability and rewards them for providing good reliability. In this study, an algorithm is presented to obtain the parameters of RPS for each electric company by using data envelopment analysis (DEA) and fuzzy c-means clustering (FCM). This algorithm is based on system average interruption duration index (SAIDI) and customers' value of interruptions. FCM algorithm is applied to find similar distribution companies and cluster companies into different clusters. The best performer in each cluster is utilised as a benchmark for other companies and DEA is used to set a quality target for each electric distribution company. The performance of the proposed algorithm is demonstrated in a case study to design RPS for Iranian electricity distribution companies. The results of the algorithm include DEA efficiency score, parameters of RPS and financial risk assessment.

Place, publisher, year, edition, pages
2012. Vol. 6, no 9, 893-901 p.
Keyword [en]
Benchmarking, Data envelopment analysis, Electric power distribution, Electric utilities, Industry, Parameter estimation
National Category
Other Electrical Engineering, Electronic Engineering, Information Engineering
Identifiers
URN: urn:nbn:se:kth:diva-51377DOI: 10.1049/iet-gtd.2011.0339ISI: 000308417900009Scopus ID: 2-s2.0-84865600931OAI: oai:DiVA.org:kth-51377DiVA: diva2:464050
Funder
StandUp
Note

QC 20121109

Available from: 2011-12-12 Created: 2011-12-12 Last updated: 2017-12-08Bibliographically approved

Open Access in DiVA

No full text

Other links

Publisher's full textScopus

Authority records BETA

Söder, Lennart

Search in DiVA

By author/editor
Alvehag, KarinSöder, Lennart
By organisation
Electric Power Systems
In the same journal
IET Generation, Transmission & Distribution
Other Electrical Engineering, Electronic Engineering, Information Engineering

Search outside of DiVA

GoogleGoogle Scholar

doi
urn-nbn

Altmetric score

doi
urn-nbn
Total: 335 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf