Affiliation:
1. Department of Management, James Madison University, Harrisonburg, VA 22801
2. Department of Industrial and Enterprise Systems Engineering, University of Illinois, Urbana, IL 61801
Abstract
Large engineered systems do not often live out their life cycles as originally planned. Traditional design methods do not address redesign issues that arise during long term operation of these systems. The problem of how to consider the environmental impacts of stranded assets is especially problematic, particularly during system operational changes. This paper presents a method for analysis of a dynamically changing system that includes consideration of both economic and environmental impacts. A case study of an electrical power system illustrates the approach. Using a 100yr time period and using several decision rules (e.g., keep all plants operating until planned retirement age or retire all plants 10% early), the aggregated results were derived. The best sequence of decision or decision rule can now be determined by the highest multiattribute utility score. The best decision sequence is one that immediately retires and decommissions all fossil fueled electrical power plants, although early retirement without immediate decommissioning produces inferior utility values. There is little gained in utility when extending operational life of the plants, and as the 100yr period moves forward, all solutions collapse on the final system configuration. The results provide several insights that were gained through the ability to forecast the environmental impact caused by changes within the life cycle phases of a system, such as early retirement or operational life extension of facilities.
Subject
Computer Graphics and Computer-Aided Design,Computer Science Applications,Mechanical Engineering,Mechanics of Materials
Reference26 articles.
1. Environmental life-cycle assessment
2. Supplemental Proposal for the Rule to Reduce Interstate Transport of Fine Particulate Matter and Ozone (Clean Air Interstate Rule);EPA;Fed. Regist.
Cited by
16 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献