Title :
Maximizing Cable Reliability at the Lowest Possible Cost
Author :
Lanz, Benjamin T. ; Broussard, Bruce E.
Author_Institution :
Power Cable Reliability Consulting & Diagnostics, IMCORP, Storrs, CT
Abstract :
Several market dynamics are causing utilities to review their current cable rehabilitation practices. These dynamics include rising costs such as fuel and raw materials, which are accelerated by increased demand from developing countries, assets operating beyond their projected life, an increase demand for electric power, and a limited cable manufacturing capacity. As these dynamics converge, the risk of a public backlash is real if alternative methods of dealing with these challenges are not adopted. This paper presents the economics of traditional approaches and compares them to a new strategic method based on defect specific condition assessment. This new approach is supported by a combination of traditional economic analysis and actual field data collected over the past decade. The analysis is a tool which can assist a utility in developing the optimum strategy which balances planned investment and desired system reliability improvement.
Keywords :
cable shielding; condition monitoring; fault diagnosis; power cable testing; power markets; power system economics; power system reliability; strategic planning; underground cables; cable manufacturing capacity; cable reliability; defect specific condition assessment; economic analysis; electric power demand; electric utilities; investment planning; market dynamics; public backlash; strategic method; system reliability improvement; underground shielded power cable system; Aging; Costs; Fuel economy; Investments; Manufacturing; Pareto analysis; Power cables; Power generation economics; Raw materials; Reliability;
Conference_Titel :
Electrical Insulation, 2008. ISEI 2008. Conference Record of the 2008 IEEE International Symposium on
Conference_Location :
Vancouver, BC
Print_ISBN :
978-1-4244-2091-9
Electronic_ISBN :
1089-084X
DOI :
10.1109/ELINSL.2008.4570389