Economic Consequence Analysis of Electric Power Infrastructure Disruptions: An Analytical General Equilibrium Approach

2018 ◽  
Author(s):  
Ian Sue Wing ◽  
Adam Rose
Keyword(s):  
General Equilibrium ◽  
Electric Power ◽  
Economic Consequence ◽  
Consequence Analysis ◽  
Equilibrium Approach ◽  
Power Infrastructure

scholarly journals Methodological Framework for Resilience Assessment of Electricity Infrastructure in Conditions of Slovak Republic

2021 ◽  
Vol 18 (16) ◽  
pp. 8286
Author(s):  
Zdenek Dvorak ◽  
Nikola Chovancikova ◽  
Jozef Bruk ◽  
Martin Hromada
Keyword(s):  
Electric Power ◽  
Slovak Republic ◽  
Modern Society ◽  
Primary Concern ◽  
Methodological Framework ◽  
Security Risk ◽  
Cross Sectional ◽  
Power Infrastructure ◽  
Electricity Infrastructure ◽  
Resilience Assessment

The quality of the environment as well as public health is convincingly coupled with the functioning of a power subsector. The power subsector plays a pivotal role in the sense that it emerges as the key cross-sectional element for the society’s functioning (production, services, healthcare, education and others). A modern society consists of infrastructure systems that are primarily dependent on continuous electricity supplies. Each and every element of the electric power infrastructure is unique, and thus, its malfunction can disrupt the functioning of an important part of the electric power infrastructure. In conjunction with ensuring the functioning of electric power infrastructure, our attention must be drawn to the resilience issue. As far as the resilience of electric power infrastructure is concerned, it can resist weather-related events ensuring there are no disruptions in continuous electricity supplies. First, in the introductory part, the article presents the legal framework in the Slovak Republic. Second, it describes the current state of the electric power infrastructure of Slovakia. Third, it handles the state of the level of security risk assessment. Later on, in the literature review, besides turning to the issue of resilience assessment, the authors focused on the area of resilience of power engineering. Furthermore, the article scrutinizes resilience assessment in Slovakia, and it briefly examines approaches towards natural threats. In addition, the article demonstrates several approaches towards flood resilience. Having used different methods, the primary concern is to devise a framework for resilience assessment. Therefore, the included case study examines aspects of the proposed framework for resilience assessment. In conclusion, our aim was, in most respects, to outline an innovative methodological framework for increasing the resilience of electricity infrastructure.

Probabilistic life cycle analysis model for evaluating electric power infrastructure risk mitigation investments

2010 ◽  
Vol 106 (1) ◽  
pp. 31-55 ◽  
Author(s):  
Royce A. Francis ◽  
Stefanie M. Falconi ◽  
Roshanak Nateghi ◽  
Seth D. Guikema
Keyword(s):  
Life Cycle ◽  
Electric Power ◽  
Life Cycle Analysis ◽  
Risk Mitigation ◽  
Analysis Model ◽  
Power Infrastructure
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