cost-of-outages-for-power-energy

A Quick Review of Outage Cost Analysis

Outages can pose a significant risk to generation asset managers. Some outages are under managers’ control, such as routine planned maintenance, while other outages are unexpected, including forced generator outages due to mechanical failure or transmission outages from severe weather events. Outages add to the complexity of energy risk management – risk managers may have a strategy for effectively hedging …