Resilience analytics with disruption of preferences and lifecycle cost analysis for energy microgrids

Michelle C. Hamilton, James H. Lambert, Elizabeth B. Connelly and Kash Barker

Reliability Engineering and System Safety, 2016, vol. 150, issue C, 11-21

Abstract: Innovative technologies are presenting opportunities to improve resilience of energy plans for industrial and military installations. The investment rationale is complicated by uncertain future conditions across the system lifecycle, including technology, climate, economy, and others. This paper introduces resilience analytics with scenario-based preferences as follows. Risk is addressed here as the degree of disruption of priorities for investments in engineering systems. The particular concern of this paper is disruption from shifts in public values, and to evaluate the resilience of investment plans to such shifts. It recognizes resilience models as compilations of instantaneous framings of initiatives, objectives, stakeholder preferences, and uncertainties. Problem frames can be considered in series, where inputs to frames are the outputs of previous frames. Or frames can be considered in parallel, featuring joint inputs while addressing differing questions. This paper presents a case study of resilience analytics focusing on two quantitative frames. In the first frame, scenario-based preferences are used to identify combinations of factors disruptive to energy innovation at installations. In the second frame, estimation of lifecycle costs is performed with respect to factors that were identified as influential in the previous frame.

Keywords: Infrastructure resilience; Scenario analysis; Robust decisions; Energy systems; Strategic planning; Systems engineering (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0951832016000144
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:reensy:v:150:y:2016:i:c:p:11-21

DOI: 10.1016/j.ress.2016.01.005

Access Statistics for this article

Reliability Engineering and System Safety is currently edited by Carlos Guedes Soares

More articles in Reliability Engineering and System Safety from Elsevier
Bibliographic data for series maintained by Catherine Liu ().