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A risk management model for improving operation and maintenance activities in electricity transmission networks

Author

Listed:
  • V M Rao Tummala

    (Eastern Michigan University)

  • C L Mak

    (China Light & Power Company)

Abstract

In this paper, we formulate a risk management model for improving operation and maintenance activities in electricity transmission. The model is based on the five core elements of risk identification, risk measurement, risk assessment, risk evaluation, risk control, and risk monitoring and is applied to an actual case study of improving equipment availability of an electricity transmission network through proper operation and maintenance of 440 kV switchgear. We find that the model can be applied effectively in identifying and assessing potential risks and developing appropriate corrective actions to contain and control the identified risks efficiently.

Suggested Citation

  • V M Rao Tummala & C L Mak, 2001. "A risk management model for improving operation and maintenance activities in electricity transmission networks," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 52(2), pages 125-134, February.
  • Handle: RePEc:pal:jorsoc:v:52:y:2001:i:2:d:10.1057_palgrave.jors.2601044
    DOI: 10.1057/palgrave.jors.2601044
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    Cited by:

    1. Lin Wang & Yuping Xing, 2022. "Risk Assessment of a Coupled Natural Gas and Electricity Market Considering Dual Interactions: A System Dynamics Model," Energies, MDPI, vol. 16(1), pages 1-18, December.
    2. Phoka Caiphus Rathebe & Setlamorago Jackson Mbazima, 2023. "Risk-Based Assessment of 132 kV Electric Distribution Substations and Proximal Residential Areas in the Mangaung Metropolitan Region," IJERPH, MDPI, vol. 20(5), pages 1-14, February.

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