Risk Based Business Planning, Energy & Utilities
Economic Study on Design for Decommissioning
A common research was performed by kwantis and students from the Polytechnic University of Milan. The target of the research was to address the benefits of a Design for Commissioning approach to be applied on Power Plant projects. Actually, decommissioning activities are taking a great importance in the developed countries were many facilities must be dismantled in the coming years.
The research group performed a deep data mining on the decommissioning topic, and met some Italian electricity operators and contractors. Then a probabilistic model was built to address Design to Commissioning benefits.
"the results of the research was published in the IPMA Journal"
The analysis demonstrated that an early consideration of decommissioning activities allows significant cost reduction at the end of the asset lifecycle. The thesis drawn interest from the IPMA (International Project Management Association), that published a detailed article in its Italian Journal.