Reliability Analysis for Asset Management of Electric Power Grids

A practical guide to facilitate statistically well–founded decisions in the management of assets of an electricity grid

Effective and economic electric grid asset management involves many complex decisions on repair, replacement and maintenance. This timely reference provides a statistically well–founded, tried and tested analysis methodology for improved decision making and asset management strategy for optimum grid operation and reliability.

The techniques described are also sufficiently robust to apply to small data sets enabling asset managers to deal with early failures or testing with limited sample sets. The book describes the background, concepts and statistical techniques to evaluate failure probability, remaining lifetime, compliancy with specifications, effectiveness of network configurations and stocks of spare parts. It also shows how the representation and analysis of data can be made consistent, as well as explaining modern upcoming methodologies such as the Health Index and Risk Index.

Key features:

The book is essential reading for advanced undergraduate and graduate students in electrical engineering, quality engineers, utilities and industry strategists, transmission and distribution system planners, asset managers and risk managers.

Robert Ross, TenneT B.V., Arnhem, Netherlands 
Robert Rosshas more than 30 years experience in the electric power supply field. He is currently working as a Strategist Asset Management at TenneT B.V. (Arnhem, Netherlands) as well as a Professor of Reliable Sustainable Transmission Grids at HAN University of Applied Science (Arnhem, Netherlands) and a Director at IWO – Institute for Science and Sustainable Development (Ede, Netherlands).  He has written many papers on Weibull statistics in relation to reliability & the availability of electrical energy systems and he contributed to the IEEE 930 standard. He is active in the field of: research, education, consultancy, organizational leadership and strategy. He has carried out projects in Europe, Asia, Africa and USA, enabling him to look at reliability issues from different perspectives. With IWO he conducts research on statistical methods, develops software and supports asset management courses. At TenneT he applies the theories to asset management strategies and is involved in establishing the Health Index and Risk Index methodology.