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… supply in the WUNI region we use a Value of Lost Load (VoLL) equal to $26,500/MWh. This number is based on the … of post-fault demand shedding at specific GXPs, we use a VoLL of between $17,600 - $24,200/MWh, varying by the GXP at … these values as we consider them a better representation of VoLL at these GXPs. Our sensitivity analysis uses VoLLs of …

… for this investigation? A: Yes 10: Do you consider this VoLL ($26,200/MWh) appropriate for valuing unserved energy? …

… Benefits = Probability of event × (Unserved Energy × VoLL + Repair costs) We consider the following events and … outage, with 8 hours valued at the full Value of Lost Load (VoLL) and the remained at 20% of the value of unserved … cost: HILP event cost = Average(Demand profile ∗ Filter) × VoLL + Repair cost The risk is given by the annual expected …

… in the WUNI region we have used a Value of Lost Load (VoLL) equal to $26,500/MWh. This number is based on the … of post-fault demand shedding at specific GXPs, we use a VoLL of between $17,600 - $24,200/MWh, varying by the GXP at … these values as we consider them a better representation of VoLL at these GXPs. • Pre-fault demand management cost of …

… in the WUNI region we have used a Value of Lost Load (VoLL) equal to $26,500/MWh. This number is based on the … of post-fault demand shedding at specific GXPs, we use a VoLL of between $17,600 - $24,200/MWh, varying by the GXP at … these values as we consider them a better representation of VoLL at these GXPs. • Pre-fault demand management cost of …

… processing of Maui gas). In our analysis, it has a higher VoLL than most PoS, but a low 8 volume. It was not even … served at a PoS 9 multiplied by the Value of Lost Load (VoLL) at that PoS, and is the expected dollar cost of an … at the relationship between unplanned interruptions and: VoLL, Connection cost, Response time, Load, and VoLL x load …

… potential opportunity costs/value of outages (similar to (VoLL principles applied for POS) to help guide and 3 …

… to restore service means the estimated value of lost load (VoLL) will be significant. A calculation of VOLL will be included in the final report. TRANSPOWER NEW … network TUI Tuai substation Unison Unison Networks VoLL Value of lost load WHI Whirinaki substation WRA Wairoa …

… potential opportunity costs/value of outages (similar to (VoLL principles applied for POS) to help guide and 3 … required for the new approach, such as Value of Loss Load (VoLL), while not arbitrary do have wide error bounds. Estimating and then applying VoLL is complicated by the inherent non-linearity that can …

… change effects are changing existing understanding) • 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. 115. On … point, the Commission offers that we can propose our own VOLL, but the research literature52 on the VOLL for …