Condition Based and Risk Informed Management for Power Plant Efficiency

The efficiency management of power plants is an obvious and tedious topic, but it is still one of the most important pending issues. Efficiency management is not a difficult discipline in terms of academic standard. However, we can realize how we are lack of knowledge from the viewpoint of field practice. Nowadays, utilities are trying to strictly manage plant efficiency because of cost competitiveness with other energy resources. Efficiency management can be widely characterized from the replacement of hardware to the optimization of operation and maintenance using the advanced IT technologies. In this paper, we will overview the advanced efficiency management strategy, which is based on the IT technologies. We named the strategy as condition-based risk-informed efficiency management. This strategy aims at the implementation of predictive as well as proactive maintenance considering the risk in terms of cost