Statistically validated lifetime assessment and health index using survival analysis stratifications

Mischa Vermeer, Gerard Cliteur, Bernd van Maanen

Research output: Chapter in Book/Report/Conference proceedingConference contributionProfessional

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Abstract

While utilities globally, for different reasons, are shifting to more data-driven asset management decisions, they still struggle with implementing a data-driven end-to-end asset performance and investment approach to create business value effectively. This paper shows a case study enabling successful data-driven decision support using validated failure statistics, asset condition forecasting providing long term intervention scenarios with costs, quantified risk and KPI impact, followed by Optimization of the intervention options library.
Original languageEnglish
Title of host publication27th International Conference on Electricity Distribution (CIRED 2023)
PublisherInstitution of Engineering and Technology (IET)
Pages36-40
Number of pages5
ISBN (Electronic)978-1-83953-855-1
DOIs
Publication statusPublished - 29 Sept 2023
Externally publishedYes
Event27th International Conference on Electricity Distribution (CIRED 2023) - Rome, Italy
Duration: 12 Jun 202315 Jun 2023

Publication series

NameIET Conference Proceedings
Number6
Volume2023

Conference

Conference27th International Conference on Electricity Distribution (CIRED 2023)
Country/TerritoryItaly
CityRome
Period12/06/2315/06/23

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