How do we conduct a full assessment of the value of improving the reliability of the system?
a. By assessing the demand that would be served
b. By assessing the energy that is expected to be interrupted with the improvement.
c. Using the Value of Lost load and determining the reduction in the costs of unreliability to the customers with the new investment
d. By assessing the reduction of the energy to be interrupted with the new investment and comparing with the case without.
5. The value of lost load (VOLL) is the same across all customers and time
a. True
b. False