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DOE OSTI · 1543260

Valuing Resilience

Murphy, Caitlin·Hotchkiss, Elizabeth L·Anderson, Katherine H
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Abstract

There is a variety of work in progress at NREL that is evaluating the value of resiliency. This presentation summarizes of this ongoing work, which including: 1. The development of quantitative resilience metrics for the power system. 2. The implementation of quantitative, performance-based resilience metrics into existing models and tools 3. Methods for valuing resilience, including a time-varying value of lost load. 4. The extent to which accounting for performance-based resilience metrics and/or the value of resilience could impact investment (planning) decisions related to electricity supply. 5. Developing and implementing a consistent valuation methodology for resilience distribution system field validation projects.

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29 ENERGY PLANNING, POLICY, AND ECONOMYinvestment planninglost loadmetricsquantitative resiliencetime varying

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Murphy, Caitlin, Hotchkiss, Elizabeth L, Anderson, Katherine H. 2019-07-15. Valuing Resilience. https://www.osti.gov/biblio/1543260

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