Holistic Operation and Maintenance Excellence (HOME): Integrating Financial and Engineering Analysis to Determine Optimum O and M Strategies for a Power Plant during its Lifetime
Abstract:Today, there is an oversupply of 23.5 GW (47.7%) in the electricity system of Indonesia. PT.PLN, the state-owned electricity company, needs decision criteria to decide whether the power plant should be continue operated, rehabilitated or demolished. Base on the literature review, none of the frameworks in the world could be used to solve this problem. Therefore, this research proposed a new method or framework called HOME (Holistic Operation & Maintenance Excellence). The method has proposed and analysed in th… Show more
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