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REVIEW ARTICLES: Session VIII: Assessment

Risk Management for Existing Energy Facilities: A Global Approach to Numerical Safety Goals

[+] Author and Article Information
M. Elisabeth Paté-Cornell

Department of Industrial Engineering and Engineering Management, Stanford University, Stanford CA 94305

Appl. Mech. Rev 46(5), 242-245 (May 01, 1993) (4 pages) doi:10.1115/1.3120346 History: Online April 29, 2009

Abstract

This paper presents a structured set of numerical safety goals for risk management of existing energy facilities. The rationale behind these safety goals is based on principles of equity and economic efficiency. Some of the issues involved when using probabilistic risk analyses results for safety decisions are discussed. A brief review of existing safety targets and “floating numbers” is presented, and a set of safety goals for industrial risk management is proposed. Relaxation of these standards for existing facilities, the relevance of the lifetime of the plant, the treatment of uncertainties, and problems of failure dependencies are discussed briefly.

Copyright © 1993 by American Society of Mechanical Engineers
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