Blackouts, risk, and fat-tailed distributions

dc.creatorWeron, Rafal
dc.creatorSimonsen, Ingve
dc.date2005-10-10
dc.date.accessioned2026-07-07T06:48:23Z
dc.date.available2026-07-07T06:48:23Z
dc.descriptionWe analyze a 19-year time series of North American electric power transmission system blackouts. Contrary to previously reported results we find a fatter than exponential decay in the distribution of inter-occurrence times and evidence of seasonal dependence in the number of events. Our findings question the use of self-organized criticality, and in particular the sandpile model, as a paradigm of blackout dynamics in power transmission systems. Hopefully, though, they will provide guidelines to more accurate models for evaluation of blackout risk.
dc.description5 pages, 3 figures, to appear in: H. Takayasu (ed.), Proceedings of the 3rd Nikkei Econophysics Symposium, Springer-Tokyo, 2005/2006
dc.identifierhttps://arxiv.org/abs/physics/0510077
dc.identifierhttp://arxiv.org/abs/physics/0510077
dc.identifier.urihttp://salesiana.dossiersoluciones.com/handle/123456789/103978
dc.subjectPhysics and Society
dc.titleBlackouts, risk, and fat-tailed distributions
dc.typetext

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