Ex-ante Evaluation of Economic Costs from Power Grid Blackout in South Korea

被引:7
|
作者
Kim, Chang-Seob [2 ]
Jo, Manseok [3 ]
Koo, Yoonmo [1 ]
机构
[1] Georgia Inst Technol, H Milton Stewart Sch Ind & Syst Engn, Atlanta, GA 30332 USA
[2] Gachon Univ, Dept Energy IT, Songnam, South Korea
[3] Seoul Natl Univ, Technol Management Econ & Policy Program, Seoul 151, South Korea
关键词
Electricity; Blackout; Outage; Interruption cost; Contingent valuation method; RELIABILITY;
D O I
10.5370/JEET.2014.9.3.796
中图分类号
TM [电工技术]; TN [电子技术、通信技术];
学科分类号
0808 ; 0809 ;
摘要
South Korea is recently under serious situation in supplying electricity with enough power reserve. A single fault of power plant at a peak-load time may lead to a total blackout for whole area connected by a single electric grid and isolated from other grids. Despite of the seriousness of blackout, however, there are scarce studies with ex-ante analysis of the economic costs from blackout. In order to evocate the seriousness, we calculate the economic costs for both industrial and household sectors with using some survey data and statistical methodologies. As a result, total economic costs are 39.23 trillion KRW (35.83 trillion KRW for industrial sector, 3.40 trillion KRW for household sector).
引用
收藏
页码:796 / 802
页数:7
相关论文
共 50 条
  • [31] EX-ANTE EVALUATION OF THE ECONOMIC-IMPACT OF AGRICULTURAL BIOTECHNOLOGY - THE CASE OF PORCINE SOMATOTROPIN - COMMENT
    MELTZER, MI
    AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS, 1991, 73 (04) : 1279 - 1283
  • [32] Ex-ante assessment of costs for reducing nitrate leaching from agriculture-dominated regions
    Jansen, DM
    Buijze, ST
    Boogaard, HL
    ENVIRONMENTAL MODELLING & SOFTWARE, 1999, 14 (06) : 549 - 565
  • [33] Public policy evaluation, ex-post and ex-ante: the contribution of the microsimulation
    Blanchet, Didier
    Hagnere, Cyrille
    Legendre, Francois
    Thibault, Florence
    REVUE ECONOMIQUE, 2016, 67 (04): : 685 - 696
  • [34] IDENTIFICATION OF EX-ANTE AND EX-POST TRANSACTION COSTS IN INDUSTRIAL CONSTRUCTION ENGINEERING PROJECTS
    da Fonseca, Fabio Bellotti
    Vanalle, Rosangda Maria
    Camarotto, Joao Alberto
    JOURNAL OF CIVIL ENGINEERING AND MANAGEMENT, 2018, 24 (05) : 424 - 436
  • [35] The Ex-ante Evaluation of Flood Damages for a Sustainable Risk Management
    Torrieri, Francesca
    Oppio, Alessandra
    NEW METROPOLITAN PERSPECTIVES: LOCAL KNOWLEDGE AND INNOVATION DYNAMICS TOWARDS TERRITORY ATTRACTIVENESS THROUGH THE IMPLEMENTATION OF HORIZON/E2020/AGENDA2030, VOL 2, 2019, 101 : 542 - 550
  • [36] Road safety forecasting and ex-ante evaluation of policy in the Netherlands
    Weijermars, Wendy
    Wesemann, Paul
    TRANSPORTATION RESEARCH PART A-POLICY AND PRACTICE, 2013, 52 : 64 - 72
  • [37] An ex-ante economic appraisal of Bluetongue virus incursions and control strategies
    Fofana, A.
    Toma, L.
    Moran, D.
    Gunn, G. J.
    Gubbins, S.
    Szmaragd, C.
    Stott, A. W.
    JOURNAL OF AGRICULTURAL SCIENCE, 2016, 154 (01): : 118 - 135
  • [38] The Ex-Ante Economic Analysis of Investments in Large Dams: A Brief History
    Whittington, Dale
    Smith, V. Kerry
    WATER ECONOMICS AND POLICY, 2020, 6 (04)
  • [39] The economic and environmental impacts of nematode biocontrol methods:: An ex-ante approach
    Araji, AA
    Hafez, SL
    NEMATROPICA, 2001, 31 (02) : 181 - 192
  • [40] The Ex-ante and Ex-post Economic and Social Impacts of the Introduction of High-speed Trains in South East England
    Preston, John
    Wall, Graham
    PLANNING PRACTICE AND RESEARCH, 2008, 23 (03): : 403 - 422