A Quantitative Approach of Measuring Sustainability Risk in Pipeline Infrastructure Systems

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.