EconPapers    
Economics at your fingertips  
 

Sustainable asset integrity management: Strategic imperatives for economic renewable energy generation

Chinedu I. Ossai, Brian Boswell and Ian J. Davies

Renewable Energy, 2014, vol. 67, issue C, 143-152

Abstract: This paper develops a framework for sustainable asset integrity management (AIM) with regards to renewable energy generation plants. The authors conclude that increased downtime, low energy output, high cost of maintenance and repair operations, which are attributable to poor assets integrity management, can be mitigated with sustainable AIM. The enhancement of economic and efficient energy generation in renewable energy plants, therefore, involves a structured procedure that combines socio-economic and environmental demands in decision supports for facilities management. This can be achieved utilizing a function interfaced organizational model and techniques that include mitigation, prevention and regulatory programmes. Environmental conscious planning, review and task execution in AIM are vital to health, safety and environmental conservation whilst improved asset lifecycle performance can be reached through competence, compliance, control, communication and co-operation of management and personnel. In conclusion, proper coordination of AIM through an accurate understanding of the stakeholder demands results in efficient renewable energy generation.

Keywords: Sustainability; Renewable energy; Asset integrity management; Asset performance; Environmental conservation; Downtime minimization (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0960148113006022
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: https://EconPapers.repec.org/RePEc:eee:renene:v:67:y:2014:i:c:p:143-152

DOI: 10.1016/j.renene.2013.11.024

Access Statistics for this article

Renewable Energy is currently edited by Soteris A. Kalogirou and Paul Christodoulides

More articles in Renewable Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:renene:v:67:y:2014:i:c:p:143-152