Stephen, Gord (author), Tindemans, Simon H. (author), Fazio, John (author), Dent, Chris J. (author), Figueroa Acevedo, Armando (author), Bagen, Bagen (author), Crawford, Alex (author), Klaube, Andreas (author), Logan, Douglas (author), Burke, Daniel (author) The loss-of-load expectation (LOLE) risk metric has been used in probabilistic power system resource adequacy assessment for over 70 years, and today is one of the most recognizable and widely-used measures of system shortfall risk. However, this wide adoption has been accompanied by ambiguities and inconsistencies in its definition and...
conference paper 2022
