EconPapers    
Economics at your fingertips  
 

A Quantitative Approach of Measuring Sustainability Risk in Pipeline Infrastructure Systems

Labiba Noshin Asha, Ying Huang (), Nita Yodo and Haitao Liao
Additional contact information
Labiba Noshin Asha: Department of Industrial and Manufacturing Engineering, North Dakota State University, Fargo, ND 58102, USA
Ying Huang: Department of Civil, Construction, and Environmental Engineering, North Dakota State University, Fargo, ND 58102, USA
Nita Yodo: Department of Civil, Construction, and Environmental Engineering, North Dakota State University, Fargo, ND 58102, USA
Haitao Liao: Department of Industrial Engineering, University of Arkansas, Fayetteville, AR 72701, USA

Sustainability, 2023, vol. 15, issue 19, 1-17

Abstract: The secure and dependable functioning of pipeline infrastructure systems is pivotal for transporting vital energy resources during this transition era towards a more sustainable energy future. This paper presents a novel quantitative approach for assessing sustainability risk in pipeline infrastructure systems and provides insights for holistic sustainability design in pipeline operations. The proposed methodology introduces a comprehensive framework for quantifying sustainability risk by integrating probabilities of failure and cumulative consequences from social, environmental, and economic dimensions that impact pipeline integrity. Real-world pipeline incident data were employed to identify the main causes of pipeline incidents like corrosion failure, equipment malfunction, and excavation damage. The consequences arising from these incidents are categorized to measure the cumulative consequences of sustainability risk. By quantifying sustainability risk, operators of pipeline infrastructure systems can strategically mitigate and manage potential disruptions affecting long-term sustainability incentives. In doing so, the proposed approach significantly bolsters the vital role of pipeline infrastructure systems in fostering sustainable energy transportation, yielding substantial benefits for global communities and economies.

Keywords: energy; pipeline; infrastructure; risk; sustainability; design; life cycle (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/2071-1050/15/19/14229/pdf (application/pdf)
https://www.mdpi.com/2071-1050/15/19/14229/ (text/html)

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:gam:jsusta:v:15:y:2023:i:19:p:14229-:d:1248093

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().

 
Page updated 2025-03-19
Handle: RePEc:gam:jsusta:v:15:y:2023:i:19:p:14229-:d:1248093