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A dynamic and integrated approach of safety investment decisionmaking for power grid enterprises

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Recently, the consequences caused by frequent large-scale power grid accidents are more significant with arousing great attention of power grid enterprises. Scientific safety investments are essential to improve the overall safety level of the power grid enterprises and promote safe production. This study, proposed a dynamic and integrated approach for safety investment decision-making of power grid enterprises based on the entropy weight method (EWM) and the system dynamics (SD) theory. By applying the accident loss assessment and the safety performance evaluation, the SD-based model for the safety investment decisionmaking for power grid enterprises was developed. The results show that risk assessment is the critical factor for power grid safety, followed by safety training, organizational investment, and technological investment. Moreover, the proposed safety investment decision-making model can be continuously updated and optimized with future emerging data to support the dynamic prediction of power grid safety investment.

Power grid enterprisesSafety investmentSystem dynamicsAccident loss

Linlin Zhang、Jiansong Wu、Jun Zhang

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School of Emergency Management and Safety Engineering, China University of Mining b Technology, Beijing 100083, China

State Grid Energy Research Institute Co., Ltd, Beijing, China 102209

2022

Transactions of The Institution of Chemical Engineers

Transactions of The Institution of Chemical Engineers

ISSN:0957-5820
年,卷(期):2022.162
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