2007 9th International Conference on Electrical Power Quality and Utilisation 2007
DOI: 10.1109/epqu.2007.4424119
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Methodology for assessment of financial losses due to voltage sags and short interruptions

Abstract: This paper proposes a comprehensive methodology to estimate the financial losses incurred by voltage sags and short interruptions to industrial plants. The proposed methodology uses various techniques to tackle different levels of failure risk assessment. Failure risks of sensitive industrial equipments, subprocesses and processes are assessed in sequence before the failure risk and financial losses of an industrial plant are estimated. The most important part of the methodology involves failure risk assessmen… Show more

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Cited by 28 publications
(11 citation statements)
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References 20 publications
(30 reference statements)
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“…Electromagnetic structure has four different working states, including closed, releasing, released and attracting. The following conclusions can be deduced from formula (1) and (2).…”
Section: Operation Principle Of Electromagnetic Structurementioning
confidence: 77%
“…Electromagnetic structure has four different working states, including closed, releasing, released and attracting. The following conclusions can be deduced from formula (1) and (2).…”
Section: Operation Principle Of Electromagnetic Structurementioning
confidence: 77%
“…Breakdown of electric motors owing to the voltage sags is a serious problem in the industry. This is also associated with significant monetary loss [9]- [11]. Many studies have explored the effects of voltage sag on the functioning of an induction motor [12]- [18].…”
Section: Introductionmentioning
confidence: 99%
“…Moreover, the equipment performs differently under various voltage sags, which leads to uncertainty in equipment malfunction [14]. To account for this uncertainty, various methods have been used to evaluate equipment sensitivity to voltage sag, including probabilistic methods [15], [16] and fuzzy logic [17]. Probabilistic methods possess the advantages of less computation and straightforward results and are exploited to evaluate voltage sag severity.…”
Section: Introductionmentioning
confidence: 99%