Abstract
An unpleasant turn of events would compel and prevail upon power plants owners and operators looking for alternative for keeping maintenance activities up and awake. Thus, causing a break away from outdated traditional system originally practiced in maintenance organizations, which affects operations in terms of costs and energy required for sustainable activity in the power production industry; via Generation, Transmission and Distribution. However, the only inevitably obtainable option as per organizational success in the power industry is through a substituent for a failure based system with success based strategy that is concerned with optimization of complex processes, systems or organization by developing, improving and implementing integrated systems of people, money, knowledge, information and equipment, central to manufacturing and production operations. A platform intended to deliver on plant (a) availability (b) reliability and (c) sustainability, which lead to reduced maintenance costs and increased profitability. Keywords: maintenance management; strategy implementation, power sector, performance optimization DOI: 10.7176/IEL/11-3-03 Publication date: October 31 st 2021
Highlights
In many electric power plants, costs of maintenance takes larger chunk of operational costs in estimating income and expenditure for a given period of time, as a result to have maintenance to produce desired and intended result becomes a source of financial gains
Proper approach can help in reducing operation and maintenance costs and keep the power plant work efficiently, and ignoring the need for proper approach in maintenance can lead to system breakdown
Methods to support cost-effective maintenance policies have been developed for electric power systems as presented in (Bertling, 2007) which presents a quantitative method for developing Reliability Centered Maintenance (RCM) plans
Summary
In many electric power plants, costs of maintenance takes larger chunk of operational costs in estimating income and expenditure for a given period of time, as a result to have maintenance to produce desired and intended result becomes a source of financial gains. One of the fundamental objectives is to relate maintenance and reliability in an efficient and effective way. This necessitates the determination of the optimal balance between preventive and corrective maintenance, which is the main problem addressed in this study. Methods to support cost-effective maintenance policies have been developed for electric power systems as presented in (Bertling, 2007) which presents a quantitative method for developing Reliability Centered Maintenance (RCM) plans. The relation between maintenance, reliability and costs is not at completely ease and requirements from plant owners and customers, create needs and incentives for still newer methods to handle the maintenance in an effective and efficient way. As mentioned above one might consider redesign of the system for these kinds of failures, but still it is quite likely that these failures might be worth “living with” while focusing on other areas with a better goal fulfilment
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
