Asset Management for Infrastructure Systems

Focusing on the asset management processes for energy and water utilities, this book addresses the balance between investor expectations and regulatory requirements for reliable service. It outlines practical considerations for developing competitive structures, emphasizing organizational transparency and resource optimization. Key topics include equipment service life, operational cost management, and maintenance strategies, with updated insights on IEC standards and operational research methods. Additionally, it explores the political landscape, particularly in Europe, and introduces a new chapter on condition assessment, relevant to the energy transition.