expected_life

This function calculates the expected life of
an electric network asset measured in years
when it would be expected to first observe significant deterioration.
The expected life is derived based on the assets normal expected life,
 duty factor and location factor.
See section 6.1.4 on page 36 in CNAIM (2021).

Implementation of the CNAIM standard in R. Contains a series of
algorithms which determine the probability of failure, consequences of
failure and monetary risk associated with electricity distribution
companies' assets such as transformers and cables. Results are visualized
in an easy-to-understand risk matrix.

Emil Larsen

CNAIM

Common Network Asset Indices Methodology (CNAIM)

Kalle Hansen

Kenneth Rosenorn

Peter Larsen

Utiligize ApS 

Mohsin Vindhani

expected_life function

<dl><dt>normal_expected_life</dt>
<dd>Numeric. The number of years a new asset is
expected to normally last. I.e. technical life time.
See page 107, table 20 in CNAIM (2021).</dd>
<dt>duty_factor</dt>
<dd>Numeric. E.g. the output returned by the function
<code>duty_factor_transformer_11_20kv()</code>.</dd>
<dt>location_factor</dt>
<dd>Numeric. The output returned by the function
<code>location_factor()</code>.</dd></dl>

Arguments

Expected Life — expected_life

<dl>

<dt>normal_expected_life</dt>
<dd>Numeric. The number of years a new asset is
expected to normally last. I.e. technical life time.
See page 107, table 20 in CNAIM (2021).</dd>


<dt>duty_factor</dt>
<dd>Numeric. E.g. the output returned by the function
<code>duty_factor_transformer_11_20kv()</code>.</dd>


<dt>location_factor</dt>
<dd>Numeric. The output returned by the function
<code>location_factor()</code>.</dd>

</dl>

expected_life: Expected Life

Description

Usage

Value

Arguments

Examples