Asset life cycle management for smart grids: challenges and implications Online publication date: Mon, 22-Jan-2024
by Helena Kortelainen; Jyri Hanski
International Journal of Strategic Engineering Asset Management (IJSEAM), Vol. 4, No. 1, 2023
Abstract: Electricity transmission and distribution companies implement advanced information and communication technologies to facilitate reliability and efficiency and to integrate renewable energy, electric vehicles and a range of devices to their networks. This smart grid initiative is driven by the need for more energy, increased usage of renewable energy, sustainability, competitive energy prices, security of supply and ageing infrastructure and workforce. However, SG introduces challenges for asset life cycle management. This study focuses on these challenges for the main transmission and distribution actors, and how asset life cycle management can meet them. The study utilises case study research strategy. The research data consists of a literature review, survey and expert interviews. The main challenges for asset life cycle management of SG include presenting the business case for and implementation of novel technology and information management-related issues.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Strategic Engineering Asset Management (IJSEAM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook