Resources

… power system model provides loads lost across all POSs, and VoLL is applied to these loads to monetise the consequence. The VoLL value utilised in the calculation for each POS was extrapolated from our VoLL survey in 2016. • A probability is not applied to the …

… the SPS itself plus the expected unserved energy valued at VoLL was included in the overall costs b. using demand … consistent with MBIE’s EDGS10. • To determine the cost of VoLL at specific GXPs, we use a VoLL of 26,400/MWh for Bombay and 27,800/MWh for Wiri (along …

… are changing existing understanding). • Value of Lost Load (VOLL) currently used to justify asset reliability investment … the Government’s second emissions reduction plan, p.112 5 VOLL estimates do not include risk aversion or societal cost in relation to a catastrophic event. In addition, the VOLL estimate is not based on long duration outages. …

… pre-contingent SIR procurement. The Value of Lost Load (VoLL) of $26,500 is based on the value specified in the Code … is determined separately for each bus. Some costs, like VoLL are consistent across all cases studied. ‘Other’ costs, … or shed involuntarily i.e. AUFLS blocks tripping, we use a VOLL of $26,500/MWh to price the cost of these loads. This …

… pre-contingent SIR procurement. The Value of Lost Load (VoLL) of $26,500 is based on the value specified in the Code … is determined separately for each bus. Some costs, like VoLL are consistent across all cases studied. ‘Other’ costs, … or shed involuntarily i.e. AUFLS blocks tripping, we use a VOLL of $26,500/MWh to price the cost of these loads. This …

… states that the default value of expected unserved energy (VoLL) is equivalent to the value defined in the Electricity … and $60,000/MWh. Q13. Do you consider that our proposed VoLL of $31,500/MWh to be appropriate for valuing unserved …

… 11 A.1.7 Value of lost load (Voll) … cost of energy analysis – v 10.0 A.1.7 Value of lost load (Voll) The assumptions are based on the EA report: … Consumer Classification Consumption (GWh) per annum $ (000) Voll residential 12 non-residential (small) ≤ 0.2 57 … Profile A.1.6 Capital Cost Trends A.1.7 Value of lost load (Voll) A.2 Appendix: Heat Map Visualisation of Average …

… 11 A.1.7 Value of lost load (Voll) … cost of energy analysis – v 10.0 A.1.7 Value of lost load (Voll) The assumptions are based on the EA report: … Consumer Classification Consumption (GWh) per annum $ (000) Voll residential 12 non-residential (small) ≤ 0.2 57 … Profile A.1.6 Capital Cost Trends A.1.7 Value of lost load (Voll) A.2 Appendix: Heat Map Visualisation of Average …

… unserved energy (MWh) multiplied by the value of lost load (VoLL) ($/MWh). 163.5 The regions and customer types affected … the system event. 164. All loads will have the same VoLL for a given BBI equal to the value used in the … system fault or a failure of an asset. 11.4 Rationale – one VoLL for all load customers 170. MEUG and NZ Steel disagreed …

… impacts were consistent with the literature (and our own VOLL survey in 2016)12 on how different customers are … power for approx. 65 minutes. 12 Refer Value of Lost Load (VoLL) study | Transpower … https://www.transpower.co.nz/resources/value-lost-load-voll-study#downloads TRANSPOWER NEW ZEALAND 16 Summary …