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Asset management for fossil-fired power plants: methodology and an example of application

  • Ludovic Benetrix
  • Marie-Agnès Garnero
  • Véronique Verrier
Conference paper

Abstract

The current industrial context (deregulation of the utility market, constant evolution of the air emission standards) creates new requirements for electric utilities in terms of asset management and quantitative valuation. This is why EDF has been developing for several years risk-informed asset valuation methodologies and associated decision support tools. One of them – called “Durability method” – is based on a probabilistic approach and allows to deal with both local (i.e. at a component level) and overall (i.e. at a plant or fleet level) issues. This paper aims at presenting the principles of this method and describing an example of application for coal-fired power plants.

Keywords

Steam Turbine Reference Scenario Asset Management Electric Utility Mitigation Action 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

  1. 1.
    EDF group (2008) Document de référence – http://shareholders.edf.com/the-edf-group/shareholders-97231.htmlGoogle Scholar
  2. 2.
    ICONE16-48911 – Overview of EDF life cycle management & nuclear asset management methodology and tools – P. HAÏK, K. FESSART, E. REMY, J. LONCHAMPT, EDF Resarch & Development.Google Scholar
  3. 3.
    Lambda Mu 16 – October 7th to 9th 2008 – Relative valorisation of major maintenance investments taking into account risk – J. LONCHAMPT, K. FESSART, EDF Research & Development.Google Scholar
  4. 4.
    Directive 2003/54/CE du Parlement européen et du Conseil, du 26 juin 2003.Google Scholar

Copyright information

© Springer-Verlag 2010

Authors and Affiliations

  • Ludovic Benetrix
    • 1
  • Marie-Agnès Garnero
    • 1
  • Véronique Verrier
    • 1
  1. 1.Research and Development DepartmentÉlectricité De France (EDF)ChatouFrance

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