Abstract
The Strategic maintenance management (SMM) forms an integral part of the management process in a power utility industry in a deregulated market. Hence this is one of the most important and critical management areas in deregulated power market. High value equipment-intensive utility industries that successfully adopt SMM practice can reduce maintenance costs and improve productivity through superior planning and may become more responsive to market demands through improved flexibility and agility. To achieve in the SMM field, the power utility industry needs visibility into three main areas of maintenance planning: short term, outage and long term planning. Planned maintenance (PM) strategies improve mean time between failures (MTBF), reliability, overall productivity, equipment's life and ultimately reduce the total cost of equipment ownership. This opportunity to make these improvements in a utility industry generates significant interest in planned maintenance strategies for any Indian utility industries that must manage mission critical equipments. © 2008 IEEE.
| Original language | English |
|---|---|
| Title of host publication | IEEE Power and Energy Society 2008 General Meeting: Conversion and Delivery of Electrical Energy in the 21st Century, PES|IEEE Power Energy Soc. Gen. Meet.: Convers. Deliv. Electr. Energy Century, PES |
| DOIs | |
| Publication status | Published - 2008 |
| Event | IEEE Power and Energy Society 2008 General Meeting: Conversion and Delivery of Electrical Energy in the 21st Century, PES - Pittsburgh, PA Duration: 1 Jul 2008 → … |
Conference
| Conference | IEEE Power and Energy Society 2008 General Meeting: Conversion and Delivery of Electrical Energy in the 21st Century, PES |
|---|---|
| City | Pittsburgh, PA |
| Period | 1/07/08 → … |
Keywords
- And risk mitigation
- Long term planning
- Maintenance management
- Outage planning
- Short term planning
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