Asset management for fossil-fired power plants: methodology and an example of application
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.
KeywordsSteam Turbine Reference Scenario Asset Management Electric Utility Mitigation Action
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