Review on Economic Loss Assessment of Power Outages

Power outage accidents will cause huge economic loss to the social economy. Therefore, it is very important to evaluate the economic loss of power outages. By summarizing the existing literature, this paper summarizes the economic impact caused by blackouts, and then it introduces the influence factors that cause the outage loss. Finally, the assessment methods to evaluate direct and indirect economic loss are summarized. Through the summary, it is found that there are many researches on direct economic loss of power outages, but there are few studies on the indirect economic loss of power outages. Finally, the application prospect of the power loss assessment methods is prospected.