Assessment of Asset Safety Risk for Transmission Stations

Safety to workers and to the public has been one of the most important concerns for electric utilities to be in the deregulated electricity market. In achieving high safety performance for station equipment, electric utilities are using approved planning, design and operation guidelines and standards in order to minimize or eliminate hazardous events that may endanger safety to personnel. Hydro One like other electric utilities established some safety measures such as the accident severity rate and lost time injury frequency rate based on experience and knowledge of field experts. In addition, due to aging of power equipment and facilities, the performance and conditions of these assets may deteriorate and that may raise some concern regarding changes to the safety risk profile. Also, running the assets harder in a competitive market requires that closer attention be directed to the safety aspects of equipment. Therefore, there is a need for developing a safety risk assessment methodology that can account for some of these factors and concerns. Hydro One has assessed a number of methodologies to assist in quantifying safety risks associated with the catastrophic failures of transmission station equipment. This paper describes the assessment and its findings. This includes the study assessment methodology, data required, results obtained for some selected station assets and study recommendations