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Record W4404111751 · doi:10.1016/j.jpubeco.2024.105216

The value of electricity reliability: Evidence from battery adoption

2024· article· en· W4404111751 on OpenAlex
David P. Brown, Lucija Muehlenbachs

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

affAt least one author lists a Canadian institution in the pinned OpenAlex snapshot.

Bibliographic record

VenueJournal of Public Economics · 2024
Typearticle
Languageen
FieldEnergy
TopicEnergy, Environment, and Transportation Policies
Canadian institutionsUniversity of CalgaryUniversity of Alberta
Fundersnot available
KeywordsEconomicsReliability (semiconductor)Value (mathematics)ElectricityBattery (electricity)EconometricsMicroeconomicsActuarial scienceEngineeringMathematicsElectrical engineeringStatisticsPower (physics)Physics

Abstract

fetched live from OpenAlex

To avoid electric-infrastructure-induced wildfires, millions of Californians had their power cut for hours to days at a time. We show that rooftop solar-plus-battery-storage systems increased in zip codes with the longest power outages. Rooftop solar panels alone will not help a household avert outages, but a solar-plus-battery-storage system will. Using this fact, we obtain a revealed-preference estimate of the willingness to pay for electricity reliability, the Value of Lost Load, a key parameter for electricity market design. Our estimate, with an average of $4,980/MWh, suggests California’s wildfire-prevention outages resulted in losses from foregone consumption of $406 million to residential electricity consumers. • We estimate the impact of power outages on the household adoption of solar-plus-battery systems, an emerging technology that serves as a defensive investment to partially or fully avoid outages. • We study Public Safety Power Shutoffs, used to avoid electric-infrastructure-induced wildfires. • The outages affected millions of Californians for hours to days at a time. • The observed adoptions of solar-plus-storage allow us to estimate the willingness to pay to avoid power outages for residential customers, the so-called Value of Lost Load, which we estimate to be approximately $5,000/MWh.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.451
Threshold uncertainty score0.271

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.001
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.023
GPT teacher head0.236
Teacher spread0.213 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it