Value of Reliability

Shedding light on the economic costs of long-duration power outages: A review of resilience assessment methods and strategies

Macmillan, Madeline, Kyle Wilson, Sunhee Baik, Juan Pablo Carvallo, Anamika Dubey, and Christine A Holland. "Shedding light on the economic costs of long-duration power outages: A review of resilience assessment methods and strategies." Energy Research & Social Science 99 (2023).

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Preprint Journal Article PDF

Changes to the Underlying Econometric Models for the Interruption Cost Estimate (ICE) Calculator

Schellenberg, Josh A, and Peter H Larsen. "Changes to the Underlying Econometric Models for the Interruption Cost Estimate (ICE) Calculator." 2018.

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Technical Brief PDF

A Hybrid Approach to Estimating the Economic Value of Enhanced Power System Resilience

Baik, Sunhee, Nichole L Hanus, Alan H Sanstad, Joseph H Eto, and Peter H Larsen. A Hybrid Approach to Estimating the Economic Value of Enhanced Power System Resilience. 2021.

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Case Studies of the Economic Impacts of Power Interruptions and Damage to Electricity System Infrastructure from Extreme Events

Sanstad, Alan H, Qianru Zhu, Benjamin Leibowicz, Peter H Larsen, and Joseph H Eto. Case Studies of the Economic Impacts of Power Interruptions and Damage to Electricity System Infrastructure from Extreme Events. 2020.

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Presentation PDF

Frontiers in the Economics of Widespread, Long-Duration Power Interruptions: Proceedings from an Expert Workshop

Larsen, Peter H, Alan H Sanstad, Kristina Hamachi LaCommare, and Joseph H Eto. "Frontiers in the Economics of Widespread, Long-Duration Power Interruptions: Proceedings from an Expert Workshop." Frontiers in the Economics of Widespread, Long-Duration Power Interruptions 2019.

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Workshop Proceedings PDF

Improving the Estimated Cost of Sustained Power Interruptions to Electricity Customers

LaCommare, Kristina Hamachi, Joseph H Eto, Laurel N Dunn, and Michael D Sohn. "Improving the Estimated Cost of Sustained Power Interruptions to Electricity Customers." Energy 153.15 June 2018 (2018) 1038-1047.

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Pre-Print Article PDF

Estimating Power System Interruption Costs: A Guidebook for Electric Utilities

Sullivan, Michael J, Myles T Collins, Josh A Schellenberg, and Peter H Larsen. Estimating Power System Interruption Costs: A Guidebook for Electric Utilities. 2018. LBNL-2001164.

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An Insurance Perspective on U.S. Electric Grid Disruption Costs

Mills, Evan, and Richard B Jones. "An Insurance Perspective on U.S. Electric Grid Disruption Costs." The Geneva Papers on Risk and Insurance - Issues and Practice 41.4 (2016) 555 - 586. LBNL-1006392.

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Integrating customer interruption costs into outage management systems

Schellenberg, Josh A, Barney Speckman, and Joseph H Eto. "Integrating customer interruption costs into outage management systems." IEEE Transmission and Distribution Conference. IEEE, 2016. LBNL-1006116.

Economic Value of Reliability & Resilience

EMP sponsors a publicly available web-based tool, the Interruption Cost Estimation (ICE) Calculator, which provides information to decision makers on the economic costs of power interruptions to businesses and residences.

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