Prediction of remaining life of power transformers based on left truncated and right censored lifetime data

Prediction of the remaining life of high-voltage power transformers is an important issue for energy companies because of the need for planning maintenance and capital expenditures. Lifetime data for such transformers are complicated because transformer lifetimes can extend over many decades and transformer designs and manufacturing practices have evolved. We were asked to develop statistically-based predictions for the lifetimes of an energy company's fleet of high-voltage transmission and distribution transformers. The company's data records begin in 1980, providing information on installation and failure dates of transformers. Although the dataset contains many units that were installed before 1980, there is no information about units that were installed and failed before 1980. Thus, the data are left truncated and right censored. We use a parametric lifetime model to describe the lifetime distribution of individual transformers. We develop a statistical procedure, based on age-adjusted life distributions, for computing a prediction interval for remaining life for individual transformers now in service. We then extend these ideas to provide predictions and prediction intervals for the cumulative number of failures, over a range of time, for the overall fleet of transformers.Comment: Published in at http://dx.doi.org/10.1214/00-AOAS231 the Annals of Applied Statistics (http://www.imstat.org/aoas/) by the Institute of Mathematical Statistics (http://www.imstat.org

Using Degradation Models to Assess Pipeline Life

Longitudinal inspections of thickness at particular locations along a pipeline provide useful information to assess the lifetime of the pipeline. In applications with different mechanisms of corrosion processes, we have observed various types of general degradation paths. We present two applications of fitting a degradation model to describe the corrosion initiation and growth behavior in the pipeline. We use a Bayesian approach for parameter estimation for the degradation model. The failure-time and remaining lifetime distributions are derived from the degradation model, and we compute Bayesian estimates and credible intervals of the failure-time and remaining lifetime distributions for both individual segments and an entire pipeline circuit