Abstract

Every utility load management program must be evaluated on two levels. The first level is the economics of load reduction obtained and the overall program cost. The second is the operational level of the contract structure, risk allocation, transactions costs and marketability. New England Electric has differentiated its product by offering a menu of interruptible options. A data set was developed with hourly observations on nine participants during 1988, in which 19 interruptions were called. A Fourier analysis using the RELIEF Model of the Electric Power Research Institute was conducted to analyze performance of participants and the efficacy of the contract structure in the program’s first year of operation.

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