Life Cycle Management of Utility Transformer Assets
Life Cycle Management of Utility Transformer Assets
by William H. Bartley P.E.
Hartford Steam Boiler Inspection & Insurance Co.
Hartford, CT
INTRODUCTION
The deregulation of wholesale electricity supply has led to a number of changes and new challenges for the electric utility industry and the market participants. A couple years ago, there were predictions that 750 Gigawatts of new generating capacity would be installed worldwide, between 2000 and 2010. But, the rush to build powerplants in the U.S. has subsided, somewhat; many of the energy companies are now drowning in debt. In 2001, projects worth 91 GW of generating capacity were cancelled (out of 500 GW). And in the first quarter of this year, orders for 57 GW of capacity were cancelled. But despite this downturn, the construction continues… in 2001, the US utility industry brought on-line 47 GW of new capacity.
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