IDEAS home Printed from https://ideas.repec.org/a/inm/oropre/v43y1995i6p933-947.html
   My bibliography  Save this article

Evaluating Improvements in Electric Utility Reliability at British Columbia Hydro

Author

Listed:
  • Ralph L. Keeney

    (University of Southern California, Los Angeles, California)

  • Timothy L. McDaniels

    (University of British Columbia, Vancouver, B.C., Canada)

  • Cary Swoveland

    (Quantalytics Inc.)

Abstract

This paper employs multiattribute value assessment and risk analysis to evaluate the benefits of four alternatives to improve electrical system reliability in British Columbia. A multiattribute value model is constructed as a cost-equivalent function, based on value judgments provided by a group of senior system planners and two senior vice presidents from BC Hydro. Using data drawn from the utility's service records and probabilities elicited from the utility's technical specialists, a risk analysis is developed to estimate the magnitude and duration of outages associated with the various alternatives. The value model and probabilities are combined to estimate the expected equivalent costs of outages over time, for the four alternatives. The influence of this analysis on BC Hydro's transmission system planning is also discussed.

Suggested Citation

  • Ralph L. Keeney & Timothy L. McDaniels & Cary Swoveland, 1995. "Evaluating Improvements in Electric Utility Reliability at British Columbia Hydro," Operations Research, INFORMS, vol. 43(6), pages 933-947, December.
    • Handle: RePEc:inm:oropre:v:43:y:1995:i:6:p:933-947
    DOI: 10.1287/opre.43.6.933
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1287/opre.43.6.933
    Download Restriction: no
    File URL: https://libkey.io/10.1287/opre.43.6.933?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Løken, Espen & Botterud, Audun & Holen, Arne T., 2009. "Use of the equivalent attribute technique in multi-criteria planning of local energy systems," European Journal of Operational Research, Elsevier, vol. 197(3), pages 1075-1083, September.
    2. Ralph L. Keeney & Robin S. Gregory, 2005. "Selecting Attributes to Measure the Achievement of Objectives," Operations Research, INFORMS, vol. 53(1), pages 1-11, February.
    3. Keeney, Ralph L., 1996. "Value-focused thinking: Identifying decision opportunities and creating alternatives," European Journal of Operational Research, Elsevier, vol. 92(3), pages 537-549, August.
    4. Sahotra Sarkar & James S Dyer & Chris Margules & Michael Ciarleglio & Neville Kemp & Grace Wong & Daniel Juhn & Jatna Supriatna, 2017. "Developing an objectives hierarchy for multicriteria decisions on land use options, with a case study of biodiversity conservation and forestry production from Papua, Indonesia," Environment and Planning B, , vol. 44(3), pages 464-485, May.
    5. Robin L. Dillon & M. Elisabeth Paté-Cornell & Seth D. Guikema, 2003. "Programmatic Risk Analysis for Critical Engineering Systems Under Tight Resource Constraints," Operations Research, INFORMS, vol. 51(3), pages 354-370, June.
    6. Donald L. Keefer & Craig W. Kirkwood & James L. Corner, 2004. "Perspective on Decision Analysis Applications, 1990–2001," Decision Analysis, INFORMS, vol. 1(1), pages 4-22, March.
    7. Ananda, Jayanath & Herath, Gamini, 2009. "A critical review of multi-criteria decision making methods with special reference to forest management and planning," Ecological Economics, Elsevier, vol. 68(10), pages 2535-2548, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:oropre:v:43:y:1995:i:6:p:933-947. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.