Reliability and Forced Outages: Survival Analysis with Recurrent Events

• Main Authors: Ravago, Majah-Leah V, Jandoc, Karl Robert, Pormon, Miah Maye
• Format: text
• Published: Archīum Ateneo 2023
• Subjects: Forced outage; Philippines; Recurring events; Survival analysis; Economics; Oil, Gas, and Energy; Social and Behavioral Sciences
• Online Access: https://archium.ateneo.edu/economics-faculty-pubs/200; https://doi.org/10.1016/j.japwor.2023.101213
• Institution: Ateneo De Manila University

This paper empirically investigates the contributory factors to forced outage declarations of power plants through a survival analysis model with recurrent events. Using plant-level data in the Philippines, we find that higher reserve margins, higher share capacity (a measure of concentration), and...