What is a Loss of Load Probability (LOLP)?
A measure of the probability that a system demand will exceed capacity during a given period; often expressed as the estimated number of days over a long period, frequently 10 years or the life of the system.
U.S. Department of Energy
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04/12/2009
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How to calculate the loss of load probability?
Mehrdad
By Emil Kermendy (Guest Post)
08/22/2008
It is a method to calculate power system (electrical network) reliability. It combines the probability that certain load could occur with the probability that certain amount of generation could deliver it.
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By Emil Kermendy (Guest Post)
08/22/2008
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