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Michael Magoon's avatar

Fully functional after 90 years. That is impressive.

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Daniel Tucker's avatar

This should have hit me like a ton of bricks long before now. It's hitting me like a tons of bricks now though, so at least it's happening.

Civil (water) engineer here. I have long wondered why "life cycles" are assigned to structures like power plants and other capital assets. Why do we not design for "perpetuity" as our forebears such as the Romans did. Furthermore, why do our materials not seem to last like theirs did - our concrete mixes, for example, do not seem capable of lasting two millenia.

Your article (I think) unlocked it for me. As with all things in the US, we have constructed a system where total replacement at the end of the service life will always be more cost effective than ongoing O&M. Do we design for degradation? I don't know, but we would seem to allow, at least, for book value to reach such a degraded value at the end of the service life and to be so low that when we anticipate a new analysis to be done that compares ongoing annualized maintenance costs added to a constantly depreciating asset it never makes sense not to just "re-invest" in a new facility. We are designing and building to literally match a straight-line depreciation curve and knowing that we intend to just dump capital assets at time t in the future. I guess what I'm saying is that it hits me that it's all deliberate, as least here in the States. Capital budgeting and planning is a premeditated act of short to mid-term planning and completely ignores any alternative that might plan for effective O&M to keep a facility such as an power plant or wastewater plant operational long after we're dead.

As engineers, could we be accused of borderline abuses of ethics in allowing and facilitating such wasteful practices?

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