This weblog collection discusses the complicated duties vitality utility corporations face as they shift to holistic grid asset administration to handle via the vitality transition. Earlier posts on this collection addressed the challenges of the vitality transition with holistic grid asset administration, the built-in asset administration platform and information trade, and merging conventional top-down and bottom-up planning processes.
Asset administration and technological innovation
Developments in know-how underpin the necessity for holistic grid asset administration, making the property within the grid smarter and equipping the workforce with good instruments.
Robots and drones carry out inspections through the use of AI-based visible recognition strategies. Asset efficiency administration (APM) processes, equivalent to risk-based and predictive upkeep and asset funding planning (AIP), allow well being monitoring applied sciences.
Technicians connect with the web by wearable units equivalent to tablets, watches or VR glasses, offering clients with quick entry to related info or professional assist from anyplace on this planet. Technicians can resolve technical points sooner, bettering asset utilization and lowering asset downtime.
Cell-connected technicians expertise improved security via measures equivalent to entry management, gasoline detection, warning messages or fall recognition, which reduces threat publicity and enhances operational threat administration (ORM) throughout work execution. Cybersecurity reduces threat publicity for cyberattacks on digitally related property.
Sensoring and monitoring additionally contribute to the direct measurement of sustainability environmental, social and governance (ESG) metrics equivalent to vitality effectivity and greenhouse gasoline emission or wastewater flows. This strategy offers precise actual information factors for ESG reporting as an alternative of model-based assumptions, which helps cut back carbon footprint and obtain sustainability targets.
The asset administration maturity journey
Utility corporations can view the evolution of asset administration as a journey to a stage of asset administration excellence. The next determine exhibits the levels from a reactive to a proactive asset administration tradition, together with the varied strategies and approaches that corporations may apply:
Within the holistic asset administration view, a scalable platform gives functionalities to construct capabilities alongside the best way. Every step within the journey calls for adopting new processes and methods of working, which devoted greatest follow instruments and optimization fashions assist.
The enterprise asset administration (EAM) system basically turns into a preventive upkeep program within the early levels of the maturity journey, from “Innocence” via to “Understanding”. This transition drives down the price of unplanned repairs.
To proceed to the following stage of “Competence”, APM capabilities take the lead. The main focus of the asset administration group shifts towards uptime and enterprise worth by stopping failures. This additionally prevents costly machine downtime, manufacturing deferment and potential security or environmental dangers. Machine connectivity via Web of Issues (IoT) information trade allows condition-based upkeep and well being monitoring. Danger-based asset methods align upkeep efforts to stability prices and dangers.
Predictive upkeep applies machine studying fashions to foretell imminent failures early within the potential failure curve, with ample warning time to permit for deliberate intervention. The ultimate step at this stage is the optimization of the upkeep and alternative program primarily based on asset criticality and accessible assets.
APM and AIP mix within the “Excellence” stage, and predictive generative AI creates clever processes. At this stage, the asset administration course of turns into self-learning and prescriptive in making the perfect choice for general enterprise worth.
New know-how catalyzes the asset maturity journey, digital options join the asset administration techniques, and good related instruments enhance high quality of labor and productiveness. The introduction of (generative) AI fashions within the asset administration area has introduced a full toolbox of latest optimization instruments. Gen AI use circumstances have been developed in every step of the journey, to assist corporations develop extra capabilities to turn into extra environment friendly, protected, dependable and sustainable. Because the maturity of the property and asset managers grows, present and future grid property generate extra worth.
Holistic asset administration aligns with enterprise targets, integrates operational domains of beforehand siloed disciplines, deploys digital modern know-how and allows excellence in asset administration maturity. This strategy permits utility corporations to maximise their worth and thrive as they handle via the vitality transition.
Learn extra concerning the enterprise worth of APM
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