Title :
Applying Risk Management for High Voltage Equipment
Author :
Muhr, M. ; Sumereder, C.
Author_Institution :
Inst. of High Voltage Eng. & Syst. Manage., Graz Univ. of Technol., Graz, Austria
Abstract :
In this paper some basic considerations about risk management should be given. The definition of risk implies the terms damage and occurrence probability. There were different kinds of risks known which can be partitioned in technical, economical or juridical reasons. For the evaluation of assets in utilities normally the technical and economical risks were dominant, juridical risks due to contracts and customer claims were secondary in our days.
Keywords :
power system management; risk management; damage probability; economical risks; high voltage equipment; juridical risks; occurrence probability; risk management; technical risks; Asset management; Conference management; Contracts; Environmental economics; Power generation economics; Probability; Risk analysis; Risk management; Systems engineering and theory; Voltage; Condition Evaluation; Risk Management; Statistical Lifetime;
Conference_Titel :
High Voltage Engineering and Application, 2008. ICHVE 2008. International Conference on
Conference_Location :
Chongqing
Print_ISBN :
978-1-4244-3823-5
Electronic_ISBN :
978-1-4244-2810-6
DOI :
10.1109/ICHVE.2008.4774005