scholarly journals Developing a systematic methodology to build a systems dynamics model for assessment of non-technical risks in power plants

2020 ◽  
Vol 10 (1) ◽  
pp. 39
Author(s):  
Sahar Mohammad Al Mashaqbeh ◽  
Jose Eduardo Munive Hernandez ◽  
Mohammed Khurshid Khan ◽  
Awni Al Khazaleh
2020 ◽  
Vol 10 (1) ◽  
pp. 39
Author(s):  
Mohammed Khurshid Khan ◽  
Awni Al Khazaleh ◽  
Sahar Mohammad Al Mashaqbeh ◽  
Jose Eduardo Munive Hernandez

2002 ◽  
Vol 125 (1) ◽  
pp. 228-235 ◽  
Author(s):  
D. Grace ◽  
J. Scheibel

Project developers, insurers, financiers, and maintenance organizations have an interest in quantifying technical risks and evaluating risk mitigation alternatives for combustion turbine (CT) power plants. By identifying exposure to risk early in the project development process, optimal procurement decisions, and mitigation measures can be adopted for improved financial returns. This paper describes a methodology used to quantify all nonfuel O&M costs, including scheduled and unplanned maintenance, and business interruption costs due to unplanned outages. The paper offers examples that demonstrate the impact of technical risk on project profitability. An overview of activities required for addressing technical risk as part of the equipment selection and procurement process is provided, and areas of technical improvements for reducing life cycle costs are described.


1990 ◽  
Vol 122 (1-3) ◽  
pp. 365-376 ◽  
Author(s):  
Hetnmat H. Safwat ◽  
Asif H. Arastu ◽  
Syed M. Husaini

2014 ◽  
Vol 513-517 ◽  
pp. 4197-4201 ◽  
Author(s):  
Wei Dou ◽  
Xiao Cong He ◽  
Sheng Wan Yuan ◽  
Sen Zhou

Based on the Timoshenko beam theory, the dynamics model of a spindle system is constructed. The Young’s modulus of the material and the stiffness of bearing are considered as random variables for a Monte Carlo simulation about the spindle system’s first nature frequency. The simulation results shows that the statistical attribute of these parameter introduce variation to the systems dynamics property. The reliability of avoiding the spindle resonance is then calculated.


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