How Power Plants Can Reduce Asset Integrity Risks with Digital Technology
There are countless risks associated with power plant operations. For example, the risk of equipment failure is present in virtually every power plant system. In some cases, the risk is very low and could even be inconsequential. In others, it’s much higher and could be catastrophic, not only to plant operation, but also to the health and safety of workers. Understanding where the greatest risks lie and acting to reduce the likelihood of an unwanted incident should be high on every plant manager’s to-do list.
Digital technology has made the task of managing risk much easier. Tools are available today that can organize data and help users evaluate where the most probable and/or consequential failures are likely to occur. For example, risk-based asset integrity management (AIM) software, which often uses data imported from a plant historian or other legacy software systems, can sort and prioritize data to identify areas of concern and provide insight for decision-makers.
There are several companies that offer AIM products.…
