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… sensitised Comment Value of expected unserved energy (VoLL22) Sensitivities of $10,000 per MWh, $20,000 per MWh … four demand scenarios under the standard assumptions for VoLL, capital cost, discount rate and interruption duration. … unserved energy is the same as the Value of lost load (VoLL). Sensitivity Option 1 Option 2 Option 3 Standard …

… would be more suitable. 7. Do you consider that our VoLL values of $26,400/MWh for Bombay and $27,800/MWh for … appropriate for valuing unserved energy? We consider that a VoLL value of $26,400/MWh is appropriate for Bombay for …

… We consider the discount rate (7%), value of lost load (VoLL) applied at Bombay GXP ($26,400/MWh) and 32 year … project? For options which include load shedding, do the VoLL calculations include costs due to planned and unplanned …

… 2.6 Value of unserved energy Q7 Do you consider that our VoLL values of $26,400/MWh for Bombay and $27,800/MWh for … for Vector who submitted caution was required in using VoLL to make decisions as it is subjective because it uses … an approximation. We undertake sensitivity analysis on our VoLL inputs to endeavour to account for this approximation. …

… and Disruptive scenarios under the standard assumptions for VoLL, capital cost and discount rate. Option 2 is also the … amount in the presence of a lower discount rate, high VoLL, low capital cost and longer outage assumptions. Option … of higher capital costs, shorter outage duration, lower VoLL and for the high discount rates. Q5. Do you agree that …

… test. Value of unserved energy Q7 Do you consider that our VoLL values of $26,400/MWh for Bombay and $27,800/MWh for … of Vector who submitted caution was required in using VoLL to make decisions as it is subjective because it uses … an approximation. We undertake sensitivity analysis on our VoLL inputs to endeavour to account for this approximation. …

… 13 Table 3 - Estimated VoLL (08:00 14/02/23 - 16:30 10/03/23) … time to restore service, the estimated value of lost load (VoLL4) for the duration of the grid emergency (08:00 14/02/23 - 16:30 10/03/23) is significant. VoLL was determined by comparing the load successfully …

… Value of expected unserved energy The Value of Lost Load (VoLL, also known as Value of Expected Unserved Energy) is … value of $26,200/MWh. More recently we have completed a VoLL study which looked at appropriate VoLL values for each GXP, reflecting the …

… to be used in Investment Tests. 8. Do you consider this VoLL ($25,300/MWh) appropriate for valuing unserved energy? … this Investment Test assumption. 9. Do you consider this VoLL appropriate for valuing lost load for your business? If, not, what alternative VoLL would you recommend and what evidence are you able to …

… to be used in Investment Tests. 8. Do you consider this VoLL ($25,300/MWh) appropriate for valuing unserved energy? … this Investment Test assumption. 9. Do you consider this VoLL appropriate for valuing lost load for your business? If, not, what alternative VoLL would you recommend and what evidence are you able to …