Asset management of energy company based on risk-oriented strategy

Abstract

Repairs and maintenance of energy assets can be carried out in a variety of ways, which are usually based on indicators of reliability and efficiency. Due to the transition to a digital energy paradigm and implementation of intelligent diagnostic tools for technical condition of the equipment, it is advisable to carry out asset management with additional tools to consider operational and economic risks, as well as to predict the integrated efficiency of energy objects. This paper presents an overview of progressive strategies for energy asset management currently used in global practice. The analysis of approaches to asset management developed by one of the largest Russian generating and grid utilities is carried out. The authors developed several methodological recommendations for the identification of priority objects for technical maintenance and repair, ranked based on the type of equipment, risk of failure, predictiveness of defects, the undersupply of energy in emergency situations, types and cost of remediation and reputation losses of the energy business. Proposals for energy companies to implement a risk-based assets management strategy in units operating energy facilities are formulated. © 2020 WIT Press.