- Report
- Grid
Optimal Implementation of Reliability Centered Asset Management for Power Systems
| 2017:444 | Ebrahim Shayesteh
Reliability Centered Asset Management (RCAM) provides an effective means to
take both the economic and technical aspects of power system into account when
performing the asset management decisions. Although implementation of this
technique for the power system has been studied earlier, the proficiency of the
implementation has not been deliberated adequately.
\u003Cp\u003EThis study proposes methods for optimal implementation of RCAM for power systems. To do so, the subject of reliability chain is presented and utilized to develop an optimization-based approach for implementing the RCAM in power systems. According to this approach, first, the conditions of all system components are assessed and used to evaluate the component reliability. In the second step, all potential asset management actions together with their associated costs and impacts on component reliability are listed for each component of the system. Thirdly, a mixed-integer linear program is proposed to determine the most appropriate asset management action for each component of the system. The proposed program also provides the best time for implementing the optimum asset management action determined for each component. Finally, the proposed optimization problem is used in an algorithm taking the component reliability variations and the power system reliability into account. The simulation results obtained for a Swedish power system are used to evaluate the effectiveness of the proposed method.\u003C/p\u003E