Methodology for the calculation of industrial flood damage and its application to an industry in Vereeniging

Abstract

The usual way to calculate flood damage is to use flood-damage curves. It is possible to develop standard flood-damage functions for some land uses. However, it is not possible to develop a standard flood-damage function for industries. The bes t option is then to complete questionnaires at every industrial plant on the flood plain and to use this information to calculate flood damage. To calculate industrial flood damage, the damage to four components must be estimated and added to obtain the total damage to the plant. The four components are plant and equipment, raw materials, completed goods and structure.

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