Improving asset management in capital-intensive industries: Case study of a Portuguese water utility

IF 3.8 3区 经济学 Q3 ENERGY & FUELS
Mariana Casalta , Flávia Barbosa , Luciana Yamada , Lígia B. Ramos
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引用次数: 0

Abstract

The efficient management of assets delivers value and is essential for achieving service objectives, managing risks, and reducing costs. This paper proposes decision-support methods to help capital-intensive industries manage their assets and optimise their life cycle. Optimisation approaches were developed to support long-term investment planning by maximising the value created and minimising the budget used. Also, the trade-off for both objectives was analysed. Using the proposed models will lead to efficient management of available capital and excellent service delivery. Thus, water companies will fulfil the regulator’s requirements and present well-founded decision-making. This study was applied to a Portuguese water utility.

改善资本密集型行业的资产管理:葡萄牙水务公司案例研究
高效的资产管理能够带来价值,对于实现服务目标、管理风险和降低成本至关重要。本文提出了决策支持方法,以帮助资本密集型行业管理资产并优化其生命周期。优化方法通过最大限度地提高所创造的价值和最小化所使用的预算来支持长期投资规划。此外,还对这两个目标的权衡进行了分析。使用建议的模型可以有效管理可用资金,并提供优质服务。因此,自来水公司将满足监管机构的要求,并提出有理有据的决策。这项研究适用于葡萄牙的一家自来水公司。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Utilities Policy
Utilities Policy ENERGY & FUELS-ENVIRONMENTAL SCIENCES
CiteScore
6.80
自引率
10.00%
发文量
94
审稿时长
66 days
期刊介绍: Utilities Policy is deliberately international, interdisciplinary, and intersectoral. Articles address utility trends and issues in both developed and developing economies. Authors and reviewers come from various disciplines, including economics, political science, sociology, law, finance, accounting, management, and engineering. Areas of focus include the utility and network industries providing essential electricity, natural gas, water and wastewater, solid waste, communications, broadband, postal, and public transportation services. Utilities Policy invites submissions that apply various quantitative and qualitative methods. Contributions are welcome from both established and emerging scholars as well as accomplished practitioners. Interdisciplinary, comparative, and applied works are encouraged. Submissions to the journal should have a clear focus on governance, performance, and/or analysis of public utilities with an aim toward informing the policymaking process and providing recommendations as appropriate. Relevant topics and issues include but are not limited to industry structures and ownership, market design and dynamics, economic development, resource planning, system modeling, accounting and finance, infrastructure investment, supply and demand efficiency, strategic management and productivity, network operations and integration, supply chains, adaptation and flexibility, service-quality standards, benchmarking and metrics, benefit-cost analysis, behavior and incentives, pricing and demand response, economic and environmental regulation, regulatory performance and impact, restructuring and deregulation, and policy institutions.
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