The cost of electricity supply interruptions and value of lost load in Swedish electricity intensive industrial plants
This study highlights the significant economic consequences of power outages for Sweden’s electricity-intensive industries and underscores the shortcomings of traditional metrics, such as value-added-based methods, in reliably estimating these costs. The study is part of Tillväxtanalys’s project “Economic Effects of Electricity-Intensive Industries” (ELIN), which aims to explore if and how the government can act to shift the economy toward a greater or lesser reliance on electricity-intensive activities. The study was authored by Professor Tommy Lundgren of the Swedish University of Agricultural Sciences (SLU), Associate Professor Lars Persson, and Professor Emeritus Runar Brännlund, both from Umeå University. The authors are affiliated with the Centre for Environmental & Resource Economics in Umeå (CERE).
