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- Publication Date: February 2006
- Publishing Organization: U.S. Department of Energy, Ernesto Orlando Lawrence Berkeley National Laboratory
- Format: PDF
blackout, canada, cost, fluctuations, investments, lbnl, modernization, power interruptions, power quality, smart grid, technical paper, u.s.
The massive electric power blackout in the northeastern U.S. and Canada on August 14-15, 2003 catalyzed discussions about modernizing the U.S. electricity grid. Industry sources suggested that investments of $50 to $100 billion would be needed. This work seeks to better understand an important piece of information that has been missing from these discussions: what do power interruptions and fluctuations in power quality (power-quality events) cost electricity consumers?