Designing an electricity distribution reward-penalty scheme based on spatial reliability statistics
| Autor: | Lazar Velimirovic, Petar Vranic, Aleksandar Janjic |
|---|---|
| Rok vydání: | 2021 |
| Předmět: |
Scheme (programming language)
Electric power distribution Mathematical optimization Service (systems architecture) Sociology and Political Science Distribution (number theory) business.industry Computer science 020209 energy 02 engineering and technology Dead band 010501 environmental sciences Management Monitoring Policy and Law Development Method of moments (statistics) 01 natural sciences Set (abstract data type) 0202 electrical engineering electronic engineering information engineering Business and International Management business computer Reliability (statistics) 0105 earth and related environmental sciences computer.programming_language |
| Zdroj: | Utilities Policy. 70:101211 |
| ISSN: | 0957-1787 |
| DOI: | 10.1016/j.jup.2021.101211 |
| Popis: | The Reward-Penalty Scheme (RPS), a financial strategy developed by the regulator to avoid service reliability deterioration, is often used to guarantee the reliability level. This paper provides the new methodology for RPS design based on the spatial distribution of reliability performances. The analytical form of the spatial performance distribution is obtained using a method of moments. Using this distribution, the Dead Band Zone and reward and penalty points for each utility are obtained. This analysis offers a more transparent set of reward and penalty thresholds. The proposed methodology is tested on actual data from a Serbian distribution utility. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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