A Probabilistic Analysis Approach to Making Decision on Retirement of Aged Equipment in Transmission Systems

Author

Li, Wenyuan ; Zhou, Jiaqi ; Lu, Jiping ; Yan, Wei

Author_Institution

British Columbia Transm. Corp., Vancouver, BC

fYear

2007

fDate

24-28 June 2007

Firstpage

1

Lastpage

1

Abstract

Summary form only given. Determining the retirement time of aged equipment in power systems has been a challenge in the utility industry for many years. The paper presents a probabilistic analysis approach to making decision on retirement of aged equipment in transmission systems. The basic idea is to quantify and compare the expected damage cost and capital saving due to delaying the retirement of aged equipment. An actual example of an aged underground cable in a regional transmission system of a utility is used to demonstrate the application of the presented approach step by step.

Keywords

decision making; maintenance engineering; power transmission reliability; probability; underground cables; aged equipment; capital saving; damage cost; decision making; power systems; probabilistic analysis; regional transmission system; underground cable; utility industry; Aging; Costs; Delay; Power cables; Power system analysis computing; Retirement;

fLanguage

English

Publisher

ieee

Conference_Titel

Power Engineering Society General Meeting, 2007. IEEE

Conference_Location

Tampa, FL

ISSN

1932-5517

Print_ISBN

1-4244-1296-X

Electronic_ISBN

1932-5517

Type

conf

DOI

10.1109/PES.2007.385677

Filename

4275286