Sun, Tianqing; Wang, Xiaohua; Ma, Xianguo - In: Applied Energy 86 (2009) 10, pp. 2262-2267
This paper presents a model to quantify the impact of electric power outages on GDP by using Cobb-Douglas production function to develop an economic relationship between the reliability of the electric power supply system and the cost of electric energy unserved. Our findings show that average...