Cost Benefit Analysis of Deploying or Retrofitting External-based Leak Detection Sensors
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2020-11-01
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Edition:Final Report
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Abstract:This project will deliver new knowledge in the form of a document outlining a methodology for performing cost-benefit analysis on external leak detection systems intended for use on hazardous liquid and natural gas transmission pipelines. The methodology will enable decision makers to objectively weigh the safety and environmental protection benefits to be gained from system deployment against the associated installation, maintenance and operating costs. The output obtained from the application of this methodology will inform technology deployment decisions and enable operators to tailor system requirements and installation configurations to their pipeline systems.
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