@Article{pakinsight,
AUTHOR = {},
TITLE = {Reliability and Rationing Cost: Some Analytical Implications for a Power System},
JOURNAL = {Asian Journal of Energy Transformation and Conservation},
VOLUME = {2},
YEAR = {2015},
NUMBER = {1},
PAGES = {1-15},
URL = {http://www.pakinsight.com/archive/81/06-2015/1},
ISSN = {2409-4293},
ABSTRACT = {The present paper attempts to analyze the implications of the relationship between reliability and rationing cost involved in a power supply system in the framework of the standard inventory analysis, instead of the conventional marginalist approach of welfare economics. The study is substantiated by fitting a normal distribution to the daily internal maximum demand of the Kerala power system during the four-year period from 2010-11 to 2013-14, and also by estimating, based on the techno-economic parameters of a 660 MW thermal power plant, the rationing costs implied in different reliability target criteria.},
DOI = {10.18488/journal.81/2015.2.1/81.1.1.15}
}