Jonathan Rich, Senior Consultant, Strategic Decisions Group

Pallav Sudarshan, Senior Engagement Manager, Strategic Decisions Group

Electric Utilities often face the challenge of identifying and quantifying the value of the investments. In absence of a comprehensive framework to quantify the different sources of value created by an investment, most projects are negative NPV when considering only the utility cash flows. In this presentation, we will share the Total Economic Value Framework adopted by BPA as the decision metric to compare and prioritize asset management investments

Doug Ballou, Asset Strategist, Capital Portfolio Management, Bonneville Power Administration

The presentation describes components of the strategy to deal with the ageing population of mid-voltage underground cables and include information requirements for utilities, assessment techniques used in developing the strategy (historical statistics analysis, review of the maintenance practice, decision process evaluation etc.) and components of the strategy (testing protocol, data collection, documentation maintenance, etc.).

Yury Tsimberg, Director – Asset Management, Kinectrics, Inc.

The process developed by SRP includes two distinct steps; identifying risks and then managing risks

This presentation will show how SRP is using their Asset Optimization program to achieve operational excellence. The process developed by SRP includes two distinct steps; identifying risks and then managing risks. To identify risks SRP uses both deterministic and probabilistic models.  A few examples of these models will be provided. In managing risks, SRP evaluates every stage of an asset’s life cycle for opportunities.  For transformers, SRP has developed over 60 sustainable strategies across the lifecycle.  A number of examples will be provided in the presentation.

Scott Anderson, T&D Asset Optimization, Salt River Project

Utilities face challenges of maintaining an aging infrastructure in an environment of increasing complexity in customer, regulatory, operational and regulatory requirements.  It is no surprise that traditional initiative and project delivery approaches must be looked at critically and changed to produce high-quality and high-value outcomes in an accelerated manner to ensure maximum value is captured and to remain competitive in a rapidly changing environment.  Planning  and delivery of strategic initiatives will be discussed with a focus on the need for organizations to critically look at the entire strategy lifecycle delivery framework.

Tony Rodriguez, Former Federal Contractor with Bonneville Power Administration

Managing a process for allocating resources that spans from idea generation to the approval of a project in the context of Strategic Asset Management can be a challenge for many utilities.  Determining how to get executive support, deciding on how to compare projects across the portfolio, and choosing whether to have a centralized or decentralized process are among the many questions we had to address in establishing a process for resource allocation at NRG. In this presentation, we will review the foundations of NRG Energy’s resource allocation process, the key successes that have been achieved, and the challenges that we have encountered.

Dave Hoch, NRG

At the end of 2015, AEP & ABB finished the co-development of the Asset Health Center software.  Since then, AEP has been implementing the Asset Health Center as a tool to help engineers inside of AEP Transmission with the following three objectives, (1) Prevent failures, (2) Optimize CAPEX and OPEX expenditures, & (3) prioritize asset renewal. By providing key information about an assets “probability of failure” AEP has implemented the AHC as the foundational corner stone to its risk based assessment process in which transformers, circuit breakers, and station batteries are assessed against their failure probabilities as well as their associated impact to the system.

Ryan Dolan, SR Engineer, Asset Performance & Renewal, American Electric Power

Reynold Cornell, Engineer, Asset Performance & Renewal, American Electric Power

This session focuses on the different perspectives on the value measures and the decision processes that electric utilities use for asset management. Through facilitated table discussions, we will develop a shared understanding of the benefits and the challenges of the different approaches and discuss steps to address those challenges.

Jonathan Rich, Senior Consultant, Strategic Decisions Group

Pallav Sudarshan, Senior Engagement Manager, Strategic Decisions Group

Review of Entergy’s current successes with distribution asset management programs and details on how Entergy will begin building a smarter energy future through Grid Modernization with discussion on the details about the approach to Entergy’s Grid Study.

Erica Zimmerer, Sr. Manager of Grid Modernization, Entergy

The presentation shows ranges of typical failure curves for major transmission asset categories and explains how these curves are used in relating condition expressed in terms of a Health Index score with the “effective age” and the corresponding remaining life. A high level explanation on how this information can be used in developing the optimum investment portfolio for sustaining the existing asset base will be reviewed.

Brent Jorowski, Manager, Transmission Asset Strategies, Manitoba Hydro

Yury Tsimberg Director – Asset Management, Kinectrics, Inc.

Recently surveyed executives of asset intensive industries across the globe show results indicating that the vast majority believe IT-OT to be a key component of an effective asset management strategy for achieving business priorities like better long-term planning, increased staff productivity, improved safety and better use of capital.  With the Connected Asset Lifecycle Management approach, organizations can bring together IT solutions such as asset performance management (APM), enterprise asset management (EAM) and workforce management (WFM) along with OT solutions like SCADA to deliver a holistic view of the asset lifecycle.

Rick Nicholson, Global Product Management, Enterprise Software, ABB

The presentation addresses how a utility-specific testing protocol should be implementing based on the historical performance and problems encountered, cable types and population demographics with typical testing procedures explained. The presentation will also provide examples on how appropriate course of action should be selected based on the test results.

Sarajit Banerjee, Senior Engineer, Kinectrics, Inc.

1. Roots of structured asset management
2. Development of British Standards Institute’s PAS 55 ”Specification for the optimized management of physical infrastructure assets”
3. Establishment of International Standard Organization’s ISO 55000 Asset Management Standard series
4. Working definition of asset management
5. Work of the Institute of Asset Management, IAM

1. Establishment in Europe
2. Widespread acceptance in Canada
3. Expansion in the United States

1. Anatomy of the standard
2. Underlying principles
3. Overview of the requirements
4. What compliance looks like

1. Scope of the issue
2. Getting a hold on lifecycle management
3. Development of the process
4. Making explicit what is usually done implicitly
5. Resolving the tension: cost, performance and risk