To main content

Risk Based Decision for Reinvestments in Distribution Systems

Abstract

This paper illustrates the challenges associated with risk assessment for reinvestments decisions. A holistic framework for risk assessment in electricity distribution systems will be described first and then used to structure the analysis and decision making in a case study concerning cable reinvestment. These decisions are generally multi criteria decisions, including risks related to e.g.; economy, environment, reputation, safety and quality of supply.

The paper describes the use of different types of decision support tools used to aid reinvestment decision making in electricity distribution systems, with emphasis on multi criteria decision analysis (MCDA).

Category

Academic chapter/article/Conference paper

Language

English

Author(s)

Affiliation

  • SINTEF Energy Research / Energisystemer
  • Unknown

Year

2008

Publisher

IEEE conference proceedings

Book

Proceedings of the 10th International Conference on Probabilistic Methods Applied to Power Systems

ISBN

978-1-934325-21-6

Page(s)

83 - 89

View this publication at Cristin