Maintenance policies for energy systems subject to complex failure processes and power purchasing agreement. (May 2018)
- Record Type:
- Journal Article
- Title:
- Maintenance policies for energy systems subject to complex failure processes and power purchasing agreement. (May 2018)
- Main Title:
- Maintenance policies for energy systems subject to complex failure processes and power purchasing agreement
- Authors:
- Qiu, Qingan
Cui, Lirong
Yang, Li - Abstract:
- Highlights: A novel maintenance model incorporating two dependent failure processes is developed under the framework of PPA. Random hazard rate increment is used to characterize the failure interaction. A multi-level maintenance strategy is provided to deal with competing failures. The proposed model is illustrated by a case study on wind turbine system (WTS). Abstract: Power purchase agreement (PPA) has emerged as a new support contracting approach and received much attention in recent years. In this paper, a novel maintenance model under PPA is developed for a complex energy generation system, whose objective is to maximize the expected net revenue of energy suppliers. The energy system undergoes two competing and dependent failure processes, namely, soft failure process and hard failure process. The former reduces the production rate of the system, whereas the latter immediately causes the stoppage of the system. The dependence is characterized by the random increment of soft/hard hazard rate due to the occurrence of hard/soft failures. The system is minimally repaired upon a hard failure or the detection of a soft failure. Additionally, a preventive replacement is immediate when the system operational age attains the pre-determined age. The target of this article is to maximize the expected net revenue of energy suppliers via the optimization of the inspection interval and number. A case study on wind turbine system (WTS) is provided to validate the effectiveness of theHighlights: A novel maintenance model incorporating two dependent failure processes is developed under the framework of PPA. Random hazard rate increment is used to characterize the failure interaction. A multi-level maintenance strategy is provided to deal with competing failures. The proposed model is illustrated by a case study on wind turbine system (WTS). Abstract: Power purchase agreement (PPA) has emerged as a new support contracting approach and received much attention in recent years. In this paper, a novel maintenance model under PPA is developed for a complex energy generation system, whose objective is to maximize the expected net revenue of energy suppliers. The energy system undergoes two competing and dependent failure processes, namely, soft failure process and hard failure process. The former reduces the production rate of the system, whereas the latter immediately causes the stoppage of the system. The dependence is characterized by the random increment of soft/hard hazard rate due to the occurrence of hard/soft failures. The system is minimally repaired upon a hard failure or the detection of a soft failure. Additionally, a preventive replacement is immediate when the system operational age attains the pre-determined age. The target of this article is to maximize the expected net revenue of energy suppliers via the optimization of the inspection interval and number. A case study on wind turbine system (WTS) is provided to validate the effectiveness of the adopted profit-centric approach. … (more)
- Is Part Of:
- Computers & industrial engineering. Volume 119(2018)
- Journal:
- Computers & industrial engineering
- Issue:
- Volume 119(2018)
- Issue Display:
- Volume 119, Issue 2018 (2018)
- Year:
- 2018
- Volume:
- 119
- Issue:
- 2018
- Issue Sort Value:
- 2018-0119-2018-0000
- Page Start:
- 193
- Page End:
- 203
- Publication Date:
- 2018-05
- Subjects:
- Maintenance -- Power purchase agreement -- Dependent failures -- Cost optimization
Engineering -- Data processing -- Periodicals
Industrial engineering -- Periodicals
620.00285 - Journal URLs:
- http://www.sciencedirect.com/science/journal/03608352 ↗
http://www.elsevier.com/journals ↗ - DOI:
- 10.1016/j.cie.2018.03.035 ↗
- Languages:
- English
- ISSNs:
- 0360-8352
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 3394.713000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 6872.xml