Risk quantification in coal procurement for power generation: The development of Supply Shortage Impact matrix

• Main Authors: Ibrahim J.A., Hashim A.H., Majid M., Tahar R.M.
• Other Authors: 36559291800
• Format: Conference paper
• Published: 2023
• Subjects: Energy security; Non-delivery probability table (NdPT); Risk quantification; Supply shortage impact (SSI); Artificial intelligence; Costs; Energy systems; matrix; Probability tables; Security point; Supply shortages; Risks

Systems are secure if its have lower risks of system interruption. However, to determine the optimum level of security is an area where requires more research. In principle, the optimum level of security that a system provides is determined by the interaction between the cost of providing extra secu...