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PUTTING A PRICE ON SUSTAINABILITY

Using methods to evaluate and optimize electricity transmission tower painting regimes, learn how significant benefits have been revealed by targeting appropriate painting strategies to different operational, environmental and design circumstances

Using methods to evaluate and optimize electricity transmission tower painting regimes, learn how significant benefits have been revealed by targeting appropriate painting strategies to different operational, environmental and design circumstances

Summary

This white paper explains and illustrates the business case and financial impact of inspection and maintenance tasks that have long lead-time effects (such as painting and corrosion protection activities). Traditionally some of the easiest expenditure to cut when times are tight, these activities need to be justified in cost/benefit terms like any others.

Using the prolongation modelling techniques from the European MACRO project, sustainability can be given a financial value, and the business case becomes clear, even when relying on structured, range-estimated assumptions and impact projections. A case study is used to demonstrate these methods on the evaluation and optimization of electricity transmission tower painting regimes – where significant benefits have been revealed by targeting appropriate painting strategies to different operational, environmental and design circumstances.

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