Study on the Selection of Asset Management Strategies Considering the Risk of Power Asset
Failures in power facilities can cause unplanned outages, leading to significant costs and secondary impacts such as production losses, human casualties, and social disruption. Therefore, high reliability is crucial. Power facility asset management technology evaluates condition, lifespan, and risk costs over the equipment"s lifecycle, formulating optimal maintenance and replacement strategies to maximize facility value by maintaining high reliability while minimizing costs. This paper aims to establish an optimal asset management system by selecting targets and maintenance strategies based on facility risk levels, using an extended FMEA-based RPN method. Maintenance strategies are selected through investment feasibility assessments considering design lifespan, failure impacts, and replacement costs.
Authors
- Byeonghyeon An (ORCID: https://orcid.org/0000-0003-0006-3880)
- Jae-Deok Park
- Tae‐Sik Park (ORCID: https://orcid.org/0000-0003-2372-2332)
- H.Y. Lee
- Jeong-Sik Oh
- Tae-Hun Kim
Publication Details
- Journal
- The Transactions of The Korean Institute of Electrical Engineers
- Published
- 2024-08-31
- DOI
- https://doi.org/10.5370/kiee.2024.73.8.1396
- Primary Topic
- Engineering Applied Research
- Type
- article
- Field-Weighted Citation Impact
- 0.00