1 / 27

Economic Aspects of Space Weather on the Power Grid

Economic Aspects of Space Weather on the Power Grid. Space Weather Workshop 2008 Ben Damsky. Method:. Assume a model utility is hit 5,000 MW of generation 3,000 employees 3,000,000 population served 1,000,000 in a metropolitan area. Method:. Consider costs from 2 viewpoints:

alaina
Télécharger la présentation

Economic Aspects of Space Weather on the Power Grid

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Economic Aspects ofSpace Weather on thePower Grid Space Weather Workshop 2008 Ben Damsky

  2. Method: Assume a model utility is hit 5,000 MW of generation 3,000 employees 3,000,000 population served 1,000,000 in a metropolitan area

  3. Method: Consider costs from 2 viewpoints: The utility The whole society

  4. Method: • Consider costs for 3 different • storm magnitudes: • 200A (Moderate) • 400A (Large) • 800A (Very Large)

  5. What does it cost a utility to respond to a GIC alert?

  6. Cost to utility of GIC Response Stop trans maintenance work: - 50 men @ $50 per hour - 8 hours of stoppage Total: $20K per day

  7. Cost to utility of GIC Response Use non-economic dispatch: - 20% of 5,000 MW - added cost $10/MWHr Total: $100K per 10 hr

  8. What does it cost a utility when a solar storm hits?

  9. Moderate Storm (200 A) Cost to utility Loss of life to 5 xfrms: - Each $100K Total: $500K

  10. Moderate Storm (200 A) Cost to utility

  11. Large Storm (400 A) Cost to utility Loss of a GSU: - Profit $50M - Depreciation $25M - Idle workers $4M - Transformer $1M Total: $80M

  12. Very Large Storm (800 A) Cost to utility City without power: - Sales less fuel $794M - Idle workers $60M - Transformers $20M Total: $874M

  13. What does it cost society when a very large solar storm hits?

  14. “GNP” for a City US GNP $44,000 annual per capita - $170 per working day - Assume 80% lost: $136 - City of 1M people Total: $136M/day, $680M/week

  15. Very Large Storm (800 A) Cost to society City without power: - Reduced GNP $8.8B Wide area outage: - Reduced GNP $13.6B Total: $22.4B

  16. Dorothea Lange

  17. Possible utility costs of moderate, large and very large GIC events

  18. Possible societal costs of moderate, large and very large GIC events

More Related