LONG TERM OPTIMIZATION FOR RISK ORIENTED ASSET MANAGEMENT

The Risk Oriented Asset Management is a modern strategy for renewing and maintaining electric power systems. In this paper, a new approach is presented, which allows the parameterization of a risk model by the two parameters "outage costs" and "probability of fail- ure". In a second step, these parameters are used for the implementation of an optimization model. It determines the most economic planning of measures for a long term time period. Furthermore, an approach for an objective budget fixing for maintenance and renewal measures is presented. Both approaches are applied on a group of HV circuit breakers.

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