Realization of long-term investment strategies for medium voltage cables

As a result of the liberalization of the electrical energy market, asset managers have to solve conflicting tasks: Reduction of the life cycle costs while ensuring high system availability. In general the decision-making process of asset management can be divided into four steps which start with the evaluation of the long term strategy and stop with a concrete maintenance activity of a certain equipment. This paper describes the first step of the overall asset management process to derive the optimal strategy for the equipment.