Optimal Decision Making in Electrical Systems Using an Asset Risk Management Framework

Optimal Decision Making in Electrical Systems Using an Asset Risk Management Framework

In this paper, a methodology for optimal decision making for electrical systems is addressed. This methodology seeks to identify and to prioritize the replacement and maintenance of a power asset fleet optimizing the return of investment. It fulfills this objective by considering the risk index, the...

Full description

Bibliographic Details
Main Authors: David L. Alvarez, Diego F. Rodriguez, Alben Cardenas, F. Faria da Silva, Claus Leth Bak, Rodolfo García, Sergio Rivera
Format: Article
Language:English
Published: MDPI AG 2021-08-01
Series:Energies
Subjects:
asset management
decision making
health index
Monte Carlo simulations
risk index
Online Access:https://www.mdpi.com/1996-1073/14/16/4987

Internet

https://www.mdpi.com/1996-1073/14/16/4987

Similar Items