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Quality regulation impact on investment decisions in distribution system reliability
KTH, School of Electrical Engineering (EES), Electric Power Systems.
KTH, School of Electrical Engineering (EES), Electric Power Systems.ORCID iD: 0000-0002-8189-2420
2012 (English)In: 9th International Conference on the European Energy Market, EEM 12, IEEE , 2012, 6254646- p.Conference paper, Published paper (Refereed)
Abstract [en]

Performance-based regulations accompanied by quality regulations are gaining ground. Quality regulations imply new financial risks for the distribution system operator (DSO). In fact, the development of the regulatory model has been identified as a key factor in operations planning for a DSO. Lifetimes of distribution system components are very long and how the quality regulation might develop in the future is unknown. This paper develops a method - the regulation impact method - that can be used to investigate how changes in the quality regulation parameters affect the economic performance of an investment strategy. The proposed regulation impact method is based on net present value calculations of the total reliability cost. The new method is applied to the current Swedish quality regulation in a case study. In the case study, possible future parameter changes and their effect on the DSO's financial risk when adopting different investment strategies are investigated. With the new method it is possible to analyze how robust an investment strategy is to changes in quality regulation design.

Place, publisher, year, edition, pages
IEEE , 2012. 6254646- p.
Series
International Conference on the European Energy Market, ISSN 2165-4077
Keyword [en]
Distribution system reliability, investment strategies, quality regulation
National Category
Other Electrical Engineering, Electronic Engineering, Information Engineering Energy Systems
Identifiers
URN: urn:nbn:se:kth:diva-92160DOI: 10.1109/EEM.2012.6254646ISI: 000321504700004Scopus ID: 2-s2.0-84866782386ISBN: 978-146730832-8 (print)OAI: oai:DiVA.org:kth-92160DiVA: diva2:512446
Conference
9th International Conference on the European Energy Market, EEM 12;Florence; 10 May 2012 through 12 May 2012
Note

QC 20121121

Available from: 2012-03-27 Created: 2012-03-27 Last updated: 2013-08-30Bibliographically approved

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Söder, Lennart

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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