Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/283364 
Year of Publication: 
2023
Series/Report no.: 
Bremen Energy Working Papers No. 44
Publisher: 
Constructor University Bremen, Bremen Energy Research (BER), Bremen
Abstract: 
This paper presents an approach for resilience incentives in the regulation of electricity network operators. Resilience is the ability of the power system to deal quickly and efficiently with large-scale and long-lasting power interruptions. It comprises two related aspects: minimizing the damage caused by an outage and increasing the robustness of the system. The resilience regulation proposed in this paper contains two complementary parts. First, a resilience incentive mechanism, which aims at internalizing external effects of resilience improvement. This part relies on so-called duration-dependent consumer damage functions (CDFs). Second, a forward-looking budget approach with a sharing factor to strengthen incentives for resilience expenses within regulatory constraints.
Subjects: 
resilience
electricity
network
regulation
JEL: 
K23
L5
L94
Document Type: 
Working Paper

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