Probabilistic prognostics and health management: A brief summary

This chapter gives a brief summary of probabilistic prognostics and health management (PPHM) and presents a framework to implement PPHM to predict remaining useful life (RUL) of energy systems efficiently and with minimal uncertainty. The chapter also presents the way forward by indicating that an interdisciplinary research is critical so as consortium of multidiscipline experts will come together and discuss the implementation of the framework for enhanced RUL prediction. The prediction of RUL with minimal uncertainty will significantly lower or avoid the downtime of energy systems and thereby reduce the cost of energy. The reduction in cost will make renewable energy, like wind energy, cheaper.