Title |
Life Extension Strategy of Gas-Insulated Switchgear for Carbon Neutrality Part 1 : Analysis of Power Industry Trends in the UK and Japan |
Authors |
김예찬(Yechan Kim) ; 정민경(Minkyung Jeong) ; 구본혁(Bonhyuk Ku) ; 김재상(Jaesang Kim) ; 박훈양(Hoonyang Park) ; 강형구(Hyoungku Kangark) |
DOI |
https://doi.org/10.5370/KIEE.2025.74.9.1541 |
Keywords |
Asset management; carbon neutrality; condition-based risk management; life extension; operational efficiency |
Abstract |
This paper investigates international trends in asset management with a focus on life extension as a means to enhance operational efficiency and support carbon neutrality in the power sector. Global utilities are increasingly facing pressure to manage capital expenditures (CAPEX), operational expenditures (OPEX), and sustainability challenges. The UK’s RIIO (Revenue=Incentives+Innovation+Outputs) model incorporates CNAIM (Common Network Asset Indices Methodology) to promote risk-based interventions, while Japan’s OCCTO (Organization for Cross-regional Coordination of Transmission Operators) coordinates similar efforts across utilities. By analyzing how life extension strategies are integrated into national policies overseas, this study offers insights into a more sustainable and cost-effective path for Korean power utilities. The findings highlight the importance of data-driven asset decisions and phased life extension strategies in modern infrastructure management. |