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SUMMARY:The Value of Monitoring Information in Decentralized Power System 
 Maintenance - Toshihiro Mukai\, visiting student\, DIAL
DTSTART:20111214T140000Z
DTEND:20111214T150000Z
UID:TALK34989@talks.cam.ac.uk
CONTACT:Philip Woodall
DESCRIPTION:As various monitoring techniques for power system maintenance 
 have been proposed\, academics have examined approaches to quantify the co
 mpetitiveness of the monitoring-based maintenance. In the seminar\, I intr
 oduce an approach to explore the monitoring value in decentralized power s
 ystem maintenance. The approach uses a discrete-time Markov chain\, and th
 en it is applied to the residential photovoltaic system maintenance case. 
 The analysis suggests that\, while the monitoring value is always positive
  for system owners under our assumptions\, there are a couple of condition
 s on having positive monitoring value for a maintainer. 
LOCATION:Seminar 3\, Institute for Manufacturing\, 17 Charles Babbage Road
 \, Cambridge
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