Online Tool Helps Estimate Power Outage Costs

October 15, 2019

Several researchers in the Electricity Markets & Policy (EMP) Group have responded to a variety of media requests during the unprecedented Public Safety Power Shutoff in Northern California starting October 9th, 2019.

The Interruption Cost Estimation (ICE) Calculator was mentioned in media outlets across the country including the San Francisco Chronicle, New York Times, the Atlantic, Bloomberg News, CNBC, National Public Radio, and the trade press. This online tool, which was funded by the U.S. Department of Energy Office of Electricity, estimates the costs of power interruptions and the benefits associated with reliability improvements. It is regularly used and cited by utilities, regulators, government agencies, academia, and other stakeholders.  Below is a selected list of the media outlets where EMP experts were quoted and/or the ICE Calculator was mentioned: 

CNBC: 
https://www.cnbc.com/2019/10/10/pge-power-outage-could-cost-the-california-economy-more-than-2-billion.html (link is external)

KPCC (National Public Radio—Southern California):
https://www.scpr.org/programs/take-two/2019/10/10/20221/ (link is external)
Note: Pete Larsen interview starts at the two-minute mark

Bloomberg News:
https://www.bloomberg.com/news/articles/2019-10-09/californians-brace-for-unprecedented-power-shutdown-to-millions?srnd=premium-canada (link is external)

https://www.bloomberg.com/news/articles/2019-10-09/massive-california-blackout-could-prevent-fires-at-big-cost?srnd=premium-middle-east (link is external)

The Wall Street Journal:
https://www.wsj.com/articles/pg-e-warns-it-may-cut-power-for-600-000-customers-due-to-wildfire-risk-11570513569 (link is external)

The New York Times:
https://www.nytimes.com/2019/10/10/us/pge-outage.html (link is external)

The San Francisco Chronicle:
https://www.sfchronicle.com/business/article/A-cool-billion-Economists-estimate-PG-E-14505047.php (link is external)

https://www.sfgate.com/news/article/Millions-brace-for-unprecedented-power-cuts-in-14503235.php (link is external)

San Francisco Business Times:
https://www.bizjournals.com/sanfrancisco/news/2019/10/08/heres-how-bay-area-businesses-will-cope-with-huge.html (link is external)

The Atlantic:
https://www.theatlantic.com/science/archive/2019/10/californias-blackout-warning/599851/ (link is external)

The Guardian:
https://www.theguardian.com/us-news/2019/oct/11/california-power-outages-cost-business-wildfires?CMP=Share_iOSApp_Other (link is external)

Microgrid Knowledge:
https://microgridknowledge.com/microgrids-california-power-outages/  (link is external)

Kallanish Energy:
https://www.kallanishenergy.com/2019/10/11/pge-power-outage-could-cost-california-more-than-2b/ (link is external)

Environment + Energy Leader:
https://www.environmentalleader.com/2019/10/ci-customers-planned-outages/ (link is external)

 

ICE Calculator video

Contacts: