Incentive Reliability Regulations in Electricity Distribution

Authoritative resource presenting practical concepts and state-of-the-art research in incentive reliability regulations for the electricity distribution sector Incentive Reliability Regulations in Electricity Distribution provides basic and practical concepts and applied methods on reliability regulations for electricity distribution systems, presenting best practices for setting the target value for distribution reliability in various countries, reviewing a series of investment plans for improving the reliability of distribution systems, and assessing the influence of the reward-penalty scheme on companies' motivation for performing preventive maintenance. The text includes case studies in which the authors use real life examples from around the world. The authors also present lessons learned through implementation of incentive reliability regulations in practice, which are based on projects they have performed for the electricity distribution sector of Iran. Providing thorough and detailed coverage of the subject, Incentive Reliability Regulations in Electricity Distribution covers topics such as: Principles of distribution system regulations and how regulators can quantify reliability of distribution service for incentive regulation applicationsTarget or benchmark values, which allow for a successful regulatory framework to set goals in a logical way, considering various limitationsTechniques which can be utilized to estimate the value of reliability in distribution sectors and designing reward-penalty schemesEffects of reward-penalty schemes on investment plans of the distribution companies and maintenance scheduling Providing valuable insights into practical concepts as well as state-of-the-art research, Incentive Reliability Regulations in Electricity Distribution is an essential resource for researchers in the field of distribution systems, decision makers and experts in distribution companies, and energy distribution regulators and engineers in power industries.