Electrochemical noise changes the point of view in corrosion research with deeper insights into
the elementary courses of corrosion processes. The noise represents itself in a variety of
forms. Most applications are related to the initiation of pitting on high-alloyed chromium-nickelsteels.
The noise signals contain much information about these processes. This paper is
specially devoted to the question, which information is contained in one single event of the
electrochemical noise. In the first step, a theoretical model was developed which describes the
reactions taking place in the course of such a single event as electron currents. A separate
current source is described for the anodic dissolution as well as for the electron consuming
cathodic reaction. The theoretical reflections about the connection between the elementary
currents and the thereby caused potential fluctuations are discussed in the data analysis of a
real potential noise measurement on a high alloyed steel specimen. A special algorithm is used
for the data analysis taking into consideration the transfer characteristics of the measurement
amplifier. The inversion of the transfer function is applied to the recorded time-domain signal,
before the reconstructed signal is analyzed by the model described in this paper. The intention
of the model is to show how the practical measurable sum current is composed of the parts of
the anodic metal dissolution and the cathodic reaction. The aim of these investigations being
still in progress finally is the discrimination between the anodic and cathodic processes.