Incorporating risk analysis and multi-criteria decision making in electricity distribution system asset management

doi:10.1201/9780203859759-66

Chapter

Incorporating risk analysis and multi-criteria decision making in electricity distribution system asset management

ABSTRACT

Many decision elements in DSAM are uncertain during a real decision making process: what can go wrong with an asset or within a distribution system, how likely is that a system or asset fails and what will be the consequences.