Loss of load probability (lolp)
Loss of load probability (lolp)
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Loss of load probability (lolp)
Meaning of term 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.
Source: http://www.desc.dla.mil/dcm/files/all%20inclusive%20energy%20glossary.xls
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