Stefano De Antonellis and Mario De Antonellis
The aim of the study is to identify main failure phenomena and to evaluate reparation costs, reparation time, loss of profit and their relationship with power plant and faulty…
Abstract
Purpose
The aim of the study is to identify main failure phenomena and to evaluate reparation costs, reparation time, loss of profit and their relationship with power plant and faulty components age. In this work, several machinery breakdowns occurred in thermal power plants fed by solid biomass, biodiesel, biogas and municipal solid waste, have been investigated. In the period between 2004 and 2012, 23 faults have been analyzed.
Design/methodology/approach
Each fault has been classified considering: power plant technical specifications, type of damage, reparation cost, reparation time and loss of profit (when data are available). The whole data have been, therefore, compared to find out significant information.
Findings
It has been pointed out that relevant property damages are mainly caused by old components failure. In addition, the loss of profit is generally much higher than the property damage (six times on average basis).
Originality/value
The study provides useful information that can be of interest for personnel of energy utilities, banks and insurance companies in managing power plants risks and in planning the availability of energy services.
Details
Keywords
Gaetano Chinnici, Mario D’Amico and Biagio Pecorino
In recent decades there has been a tendency towards a “standardization” in the consumer habits of people living in countries with advanced economic development. This has been…
Abstract
In recent decades there has been a tendency towards a “standardization” in the consumer habits of people living in countries with advanced economic development. This has been caused both by the change in the products available and in lifestyles and by the “power” acquired by modern distribution channels (large retail distribution). Apart from this development, however, there has been increasing interest, particularly in the last ten years, in dietary, health and hygiene products characterized by high quality production and content, which may or may not be closely connected with the history and/or culture of the territory. In order, therefore, to understand the mechanisms that regulate the consumer market of organic produce better, a survey was carried out to define the use, purchase and sensitivity to the price of these products in relation to the preferences expressed by consumers as regards the benefits associated with the consumption.