[PDF] Infrastructure Asset Management With Power System Applications eBook
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"This book is about infrastructure asset management, which can be expressed as the combination of management, financial, economic, and engineering, applied to physical assets with the objective of providing the required level of service in the most cost-effective manner. It includes management of the whole lifecycle of a physical asset from design, construction, commission, operation, maintenance, modification, decommissioning, and disposal. It covers budget issues and focuses on asset management of an infrastructure for energy--i.e., the electric power system."--Provided by publisher.
Infrastructure Asset Management with Power System Applications is about infrastructure asset management, which can be expressed as the combination of management, financial, economic, and engineering, applied to physical assets with the objective of providing the required level of service in the most cost-effective manner. It includes management of the whole lifecycle of a physical asset from design, construction, commission, operation, maintenance, modification, decommissioning, and disposal. It covers budget issues and focuses on asset management of an infrastructure for energy—i.e., the electric power system. Features Offers a comprehensive reference book providing definitions, terminology, and basic theories as well as a comprehensive set of examples from a wide range of applications for the electric power system and its components. Spans a wide range of applications for the electric power system area, including real data and pictures. Contains results from recently published research and application studies. Includes a wide range of application examples for the electric power systems area from hydro, nuclear, and wind, plus shows future trends. Contributes to the overall goals of developing a sustainable energy system by providing methods and tools for a resource efficient use of physical assets in the electric power system area.
The Latest Tools and Techniques for Managing Infrastructure Assets Fully updated throughout, this practical resource provides a proven, cost-effective infrastructure asset management framework that integrates planning, design, construction, maintenance, rehabilitation, and renovation. Public Infrastructure Asset Management, Second Edition, describes the most current methodologies for effectively managing roads, bridges, airports, utility services, water and waste facilities, parks, public buildings, and sports complexes. This comprehensive guide covers information management and decision support systems, including proprietary solutions and new technological developments such as cloud storage. The book discusses total quality management, economics, life-cycle analysis, and maintenance, rehabilitation, and reconstruction programming. Up-to-date examples and real-world case studies illustrate the practical applications of the concepts presented in this thoroughly revised reference. This new edition features: Planning, needs assessment, and performance indicators Database management, data needs, and analysis Inventory, historical, and environmental data In-service monitoring and evaluation data Performance modeling and failure analysis Design for infrastructure service life Construction Maintenance, rehabilitation, and reconstruction strategies, policies, and treatment alternatives Dealing with new or alternate concepts Prioritization, optimization, and work programs Integrated infrastructure asset management systems Visual IMS: an illustrative infrastructure management system and applications Available asset management system and commercial off-the-shelf providers Benefits of implementing an asset management system Sustainability, environmental stewardship, and asset management Future directions for infrastructure asset management
This book offers a broad overview of asset management processes for different utilities, with a special emphasis on energy and water. It provides readers with important practical considerations concerning the development of new competitive structures and procedures for guaranteeing a sufficient supply of energy and water in a regulated environment, using clearly defined technical and economic cornerstones. On the one hand, asset owners expect suitable interests from their investment and business growth; on the other hand, regulators focus more on a reliable and cost-effective customer supply. This book shows how to take into consideration these different perspectives in the process of designing new structures, and how to guarantee organizational transparency. It describes essential principles and boundary conditions for ensuring the optimal use of resources in a network, covering issues relating to equipment service life, IT landscape and computer programs, operational costs management, and investment and maintenance strategies, highlighting their impact on the organization of the company. This thoroughly revised and updated second edition, includes extensive information about IEC standard (IEC/TS 63060), and cover operation research methods focusing on the optimization of the maintenance tasks. Furthermore, a discussion on the political environment has been included, with a special emphasis on the European situation and the “Green Deal”: specifically, some measures to cope with the topic of energy transition are presented. Last, but not least, a brand-new chapter on condition assessment has been included.
This textbook provides practical and concrete guidance for the step-by-step implementation of decision-making for infrastructure asset management. Examples are used to illustrate how data from condition assessment are used to develop performance models, to estimate the effectiveness of investments that are prioritized and scheduled to accomplish reliable and convenient infrastructure for the wellbeing of the public and regional economic competitiveness. Book illustrates numerous worked problems to clarify ambiguity in developing a decision-making platform to prioritize assets and distribute budgets effectively and efficiently. Ensures reader understanding of the benefits and challenges of infrastructure asset management; Provides a step-by-step guide for the development of each component of an asset management decision-making system; Includes worked examples to clarify decision-making and budget allocation process.
Building an Effective Security Program for Distributed Energy Resources and Systems Build a critical and effective security program for DERs Building an Effective Security Program for Distributed Energy Resources and Systems requires a unified approach to establishing a critical security program for DER systems and Smart Grid applications. The methodology provided integrates systems security engineering principles, techniques, standards, and best practices. This publication introduces engineers on the design, implementation, and maintenance of a security program for distributed energy resources (DERs), smart grid, and industrial control systems. It provides security professionals with understanding the specific requirements of industrial control systems and real-time constrained applications for power systems. This book: Describes the cybersecurity needs for DERs and power grid as critical infrastructure Introduces the information security principles to assess and manage the security and privacy risks of the emerging Smart Grid technologies Outlines the functions of the security program as well as the scope and differences between traditional IT system security requirements and those required for industrial control systems such as SCADA systems Offers a full array of resources— cybersecurity concepts, frameworks, and emerging trends Security Professionals and Engineers can use Building an Effective Security Program for Distributed Energy Resources and Systems as a reliable resource that is dedicated to the essential topic of security for distributed energy resources and power grids. They will find standards, guidelines, and recommendations from standards organizations, such as ISO, IEC, NIST, IEEE, ENISA, ISA, ISACA, and ISF, conveniently included for reference within chapters.
This enlightening volume examines core areas of development in electric power systems, emphasizing the pivotal contributions of women engineers to the industry’s evolution. The authors cover a broad spectrum of key topics, including generation technologies, transmission and distribution progress, environmental challenges, worldwide electrification, and workforce issues. Advances in conventional and renewable energy technologies, in parallel with growing environmental concerns, and in conjunction with the aging of both the infrastructure itself and the workforce, have led to imposing and fascinating challenges for the engineers of tomorrow. This book documents the critical role of women engineers and their pioneering discoveries, relates their stories of success and struggle in their own words, and shares their perspectives on how these challenges will be addressed in the decades ahead.
Author : Söhnke M. Bartram Publisher : CFA Institute Research Foundation Page : 95 pages File Size : 20,27 MB Release : 2020-08-28 Category : Business & Economics ISBN : 195292703X
Artificial intelligence (AI) has grown in presence in asset management and has revolutionized the sector in many ways. It has improved portfolio management, trading, and risk management practices by increasing efficiency, accuracy, and compliance. In particular, AI techniques help construct portfolios based on more accurate risk and return forecasts and more complex constraints. Trading algorithms use AI to devise novel trading signals and execute trades with lower transaction costs. AI also improves risk modeling and forecasting by generating insights from new data sources. Finally, robo-advisors owe a large part of their success to AI techniques. Yet the use of AI can also create new risks and challenges, such as those resulting from model opacity, complexity, and reliance on data integrity.
This exciting new resource presents comprehensive coverage of renewable energy technologies and resources. The book focuses on solar photovoltaic (PV), solar thermal, wind, hydro and tidal energy technologies, and describes the scientific principles and physical systems used for the harvesting and harnessing of these resources. The environmental and economic impacts of using these methods are also explained by using worked examples, exercises and suggested laboratory experiments. Photovoltaics and the modeling of these systems are discussed in depth, along with the environmental and social issues of utilizing a specified biomass as an energy source. Readers will also learn how to effectively calculate the cost and payback time for a given renewable energy plant by understanding the factors affecting the cost of generating electricity from a renewable energy system. Simulations using ORCAD and Simulink are included. Based on the author’s experience in the field of development and delivery of renewable energy models, this book provides concise, practical solutions that will appeal to both student and professional practitioners.
This handbook offers a comprehensive source for electrical power professionals. It covers all elementary topics related to the design, development, operation and management of power systems, and provides an insight from worldwide key players in the electrical power systems industry. Edited by a renowned leader and expert in Power Systems, the book highlights international professionals’ longstanding experiences and addresses the requirements of practitioners but also of newcomers in this field in finding a solution for their problems. The structure of the book follows the physical structure of the power system from the fundamentals through components and equipment to the overall system. In addition the handbook covers certain horizontal matters, for example "Energy fundamentals", "High voltage engineering", and "High current and contact technology" and thus intends to become the major one-stop reference for all issues related to the electrical power system.