A proposed operating plant risk profile to improve the system performance

Risk profile of a working plant is one of the most important topics these days. The risk profile of plant/ equipment is a kind of new method and different approach for planning and troubleshooting in the electric power industry. This paper discusses this new method of risk assessment of equipment operation in the working plants, the whole procedure is designed, developed and implemented for the equipment risk assessment, and the use of each part in the scheme is described in detail. Then, the several recommendations are proposed to increase the effectiveness of the scheme, and the scheme of the plant equipment risk assessment is summarized, the advantages and disadvantages of the scheme are explained.