The intertwined nature of system economics and reliability criteria

This paper presents the nature of system economics and reliability criteria for industry. Reliability and economics have been inextricably linked in the system design and operation since the industry was initiated. However, prior to the open access tariffs of the 1990's, most of these economic...

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1. Verfasser:	Walton, S.L.
Format:	Tagungsbericht
Sprache:	eng
Schlagworte:	Contracts Costs Couplings Design engineering Environmental economics Industrial economics Petroleum Power generation economics Reliability engineering
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creator	Walton, S.L.
description	This paper presents the nature of system economics and reliability criteria for industry. Reliability and economics have been inextricably linked in the system design and operation since the industry was initiated. However, prior to the open access tariffs of the 1990's, most of these economic decisions, and the associated judgments made about the reliability effects of those decision, took place within vertical integrated companies.
doi_str_mv	10.1109/PES.2005.1489752
format	Conference Proceeding
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issn	1932-5517
language	eng
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source	IEEE Electronic Library (IEL) Conference Proceedings
subjects	Contracts Costs Couplings Design engineering Environmental economics Industrial economics Petroleum Power generation economics Reliability engineering
title	The intertwined nature of system economics and reliability criteria
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