Economics at your fingertips  

An asset-management model for use in the evaluation and regulation of public-lighting systems

Mohammad Javad Mirzaei, Reza Dashti, Ahad Kazemi and Mohammad Hassan Amirioun

Utilities Policy, 2015, vol. 32, issue C, 19-28

Abstract: In this paper, an asset-management model is proposed to address challenges facing regulators, managers, and operators of public-lighting systems and suggest optimal performance strategies. A new method is presented to estimate the failure rate of lamps based on the normal distribution function. The impact of technology improvement in lamp manufacturing as well as the growth and extension of lighting systems on the failure rate are investigated. In order to achieve satisfaction of customers and risk reduction, a method for establishing a performance standard for lamp failure rates is presented. Considering technical and economic issues, a procedure for selecting the best lamp in the market and then estimating costs associated with system operation is described. Finally, a methodology is proposed for evaluating performance in public-lighting systems. Results of a case study for the public-lighting system of the newly constructed suburb of the city of Isfahan, Iran, show the efficacy of the proposed method.

Keywords: Public-lighting systems; Asset management; Optimal management strategy; Failure-rate estimation (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

DOI: 10.1016/j.jup.2014.12.001

Access Statistics for this article

Utilities Policy is currently edited by D. Smith

More articles in Utilities Policy from Elsevier
Bibliographic data for series maintained by Haili He ().

Page updated 2020-05-02
Handle: RePEc:eee:juipol:v:32:y:2015:i:c:p:19-28