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The international trend is for power utilities having major capital equipment with service ages in excess of their assigned lifetimes. The key role for the asset manager in this situation is to be able to define the risks for future operation. This will then permit criticality based decisions for managing future operating and capital expenditure. The first step is to define relevant failure modes...
One of the most important roles for a utility operating in a de-regulated environment is to focus on effective risk management. Part of this is associated with the ongoing use of aged assets, and specifically managing the business consequences on system availability and energy not supplied that arise from unavailability of such equipment. The key role for the asset manager is, therefore, to be able...
For many utilities the asset base is ageing at a time when the business focus is on system availability and energy not supplied. For the major plant items, such as generators, cables and transformers, where failure leads to long term unavailability, it is important to be able to define the risks of future operation. The processes used to achieve this have many common threads across the technologies,...
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