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… grid reconfiguration options. Terms used in this document VoLL (value of lost load)6 VoLL is the economic value of unserved amount of electricity … or more components of the electricity grid. The value of VoLL in the Code is $20,000 / MWh. Expected unserved energy …

… each POS would be calculated by using Value of Lost Load (VoLL), the level of demand, and the type of load supplied. … by customer category GP1 Categorisation to be aligned with VoLL Average duration of unplanned interruptions by customer … category (min/yr) GP2 Categorisation to be aligned with VoLL Availability % availability of HVDC AP1 Refined to …

… each POS would be calculated by using Value of Lost Load (VoLL), the level of demand, and the type of load supplied. … by customer category GP1 Categorisation to be aligned with VoLL Average duration of unplanned interruptions by customer … category (min/yr) GP2 Categorisation to be aligned with VoLL Availability % availability of HVDC AP1 Refined to …

… No sensitivity cases. Value of expected unserved energy (VoLL22) Sensitivities of $10,000 per MWh, $20,000 per MWh … 0 36.0 -172.7 High discount rate (7%) 0 0.8 -165.8 Lower VoLL ($10,000) 0 -12.5 -192.0 Low VoLL ($20,000) 0 -1.8 -184.1 High VoLL ($50,000) 0 30.5 …

… MPC Market Power Cost BESS Battery Energy Storage System VoLL Value of Lost Load PDC Price Duration Curve VRE … near the administratively defined Value of Lost Load (VoLL).2 If that final block is dispatched, it sets the … in Power System Economics, allowing prices to rise toward VoLL during scarcity periods is consistent with efficiency …

… EXPECTED UNSERVED ENERGY FOR THIS ANALYSIS? No The original VoLL figure of $20,000/MWh is a value averaged for the … studies around the world have come up with much higher VoLL figures for the commercial sector than the other … CBD, Wellington Electricity is of the opinion that a VoLL of $26,000/MWh is not sufficient and should be …

… No response. 7 Value of Lost Load Q10 Do you consider this VoLL ($26,200/MWh) appropriate for valuing unserved energy? Methanex suggested that VoLL of $26,200/MWh may be appropriate for general … is happy to consider information relating to alternative VoLLs. To support any application to the Commerce Commission …

… requirements, Regional network model, Value of lost load (VoLL) Assumption Book on a time bound review and … Load Forecast, Generation Forecast, Value of Lost Load (VOLL), Value of Foregone Generation (VOFG) Power Systems … volume used for both load and generation. Load valued at VoLL, generation at VoFG 0% X% 100% Demand limit after …

… requirements, Regional network model, Value of lost load (VoLL) Assumption Book on a time bound review and … Load Forecast, Generation Forecast, Value of Lost Load (VOLL), Value of Foregone Generation (VOFG) Power Systems … volume used for both load and generation. Load valued at VoLL, generation at VoFG 0% X% 100% Demand limit after …

… is load on N-security. We have used a value of lost load (VoLL) which is aligned with currently available regulatory … Our sensitivity test indicates that even using a high VoLL, it is still more economic to plan outages of these … the entire gas industry and believe the value of lost load (VoLL) is understated for this region. They propose NPL T8 …