Overview

A practical guide to facilitate statistically well-founded decisions in the management of assets of an electricity grid Effective and economic electric grid asset management and incident management involve many complex decisions on inspection, maintenance, repair and replacement. This timely reference provides statistically well-founded, tried and tested analysis methodologies for improved decision making and asset management strategy for optimum grid reliability and availability. The techniques described are also sufficiently robust to apply to small data sets enabling asset managers to deal with early failures or testing with limited sample sets. The book describes the background, concepts and statistical techniques to evaluate failure distributions, probabilities, remaining lifetime, similarity and compliancy of observed data with specifications, asymptotic behavior of parameter estimators, effectiveness of network configurations and stocks of spare parts. It also shows how the graphical representation and parameter estimation from analysis of data can be made consistent, as well as explaining modern upcoming methodologies such as the Health Index and Risk Index. Key features: Offers hands-on tools and techniques for data analysis, similarity index, failure forecasting, health and risk indices and the resulting maintenance strategies. End-of-chapter problems and solutions to facilitate self-study via a book companion website. The book is essential reading for advanced undergraduate and graduate students in electrical engineering, quality engineers, utilities and industry strategists, transmission and distribution system planners, asset managers and risk managers.

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9781119125174

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Reviews

Robert Ross creates a comprehensive interface between the statistical analysis and the Asset Management tasks and problems of the electric grid. Many practical examples give a clear and easy understanding of the different subjects the book is suitable for a direct entry into the topic. Later it can also be used as a reference work, particularly regarding the synoptic tables. This makes the book ideal for students as well as for practical use by asset managers. - Dr. Horst Gunter Bender, TenneT TSO GmbH, Germany The book features ten chapters, with the main focus on the fundamentals of statistics. The way the book is written makes it possible to be used as supplement to lectures at universities about asset management because of the following points. Each chapter features an introductory paragraph and a section at the end with a summary of the topics covered by that chapter. Furthermore, each chapter provides exemplary questions and exercises which facilitate understanding of the chapter. Additionally, the author supports his argumentation with easily understandable practical examples from the field of electrical engineering. - Nicholas Hill, TU Braunschweig, Germany Anybody working in asset and incident management of electric power grids will greatly welcome this book if they want to understand and apply the mathematics used for assessing the reliability and availability of components and systems. The author makes a decisive step forward in presenting the knowledge and skills needed for analyzing failure data and constructing reliable systems. Throughout the book, readers can taste the thorough experience of Ross both as a practitioner and as a researcher in the field of reliability analysis. This makes the book a must-have for engineers, asset managers and risk managers who are interested in decision analysis for managing assets of electric power grids. - Rene Janssen, Associate Professor of Mathematics and Operations Research at the Netherlands Defence Academy

Robert Ross creates a comprehensive interface between the statistical analysis and the Asset Management tasks and problems of the electric grid. Many practical examples give a clear and easy understanding of the different subjectsthe book is suitable for a direct entry into the topic. Later it can also be used as a reference work, particularly regarding the synoptic tables. This makes the book ideal for students as well as for practical use by asset managers. - Dr. Horst G?nter Bender, TenneT TSO GmbH, Germany The book features ten chapters, with the main focus on the fundamentals of statistics. The way the book is written makes it possible to be used as supplement to lectures at universities about asset management because of the following points. Each chapter features an introductory paragraph and a section at the end with a summary of the topics covered by that chapter. Furthermore, each chapter provides exemplary questions and exercises which facilitate understanding of the chapter. Additionally, the author supports his argumentation with easily understandable practical examples from the field of electrical engineering. - Nicholas Hill, TU Braunschweig, Germany Anybody working in asset and incident management of electric power grids will greatly welcome this book if they want to understand and apply the mathematics used for assessing the reliability and availability of components and systems. The author makes a decisive step forward in presenting the knowledge and skills needed for analyzing failure data and constructing reliable systems. Throughout the book, readers can taste the thorough experience of Ross both as a practitioner and as a researcher in the field of reliability analysis. This makes the book a must-have for engineers, asset managers and risk managers who are interested in decision analysis for managing assets of electric power grids. - Ren? Janssen, Associate Professor of Mathematics and Operations Research at the Netherlands Defence Academy

Anybody working in asset and incident management of electric power grids will greatly welcome this book if they want to understand and apply the mathematics used for assessing the reliability and availability of components and systems. The author makes a decisive step forward in presenting the knowledge and skills needed for analyzing failure data and constructing reliable systems. Throughout the book, readers can taste the thorough experience of Ross both as a practitioner and as a researcher in the field of reliability analysis. This makes the book a must-have for engineers, asset managers and risk managers who are interested in decision analysis for managing assets of electric power grids. - Ren? Janssen, Associate Professor of Mathematics and Operations Research at the Netherlands Defence Academy

Author Information

ROBERT ROSS is a professor at TU Delft, director of IWO (Institute for Science & Development, Ede), a professor at HAN University of Applied Sciences and an Asset Management Research Strategist at TenneT (TSO in the Netherlands and part of Germany). At KEMA he worked on reliability and post-failure forensic investigations. His interests concern reliability statistics, electro-technical materials, sustainable technology and superconductivity. For energy inventions he was granted the 2004 SenterNovem Annual award and nominated 2006 Best Energy Researcher by the World Technology Network. This book is based on studies at KEMA and IWO, lectures at KIM (Royal Institute for the Navy), and experience with utilities.

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