This weblog sequence discusses the complicated duties power utility corporations face as they shift to holistic grid asset administration to handle via the power transition. Earlier posts on this sequence addressed the challenges of the power transition with holistic grid asset administration, the built-in asset administration platform and knowledge trade, and merging conventional top-down and bottom-up planning processes.
Asset administration and technological innovation
Developments in expertise underpin the necessity for holistic grid asset administration, making the property within the grid smarter and equipping the workforce with sensible instruments.
Robots and drones carry out inspections through the use of AI-based visible recognition strategies. Asset efficiency administration (APM) processes, resembling risk-based and predictive upkeep and asset funding planning (AIP), allow well being monitoring applied sciences.
Technicians hook up with the web by wearable gadgets resembling tablets, watches or VR glasses, offering prospects with quick entry to related data or professional assist from anywhere on the earth. Technicians can resolve technical points quicker, enhancing asset utilization and decreasing asset downtime.
Cellular-connected technicians expertise improved security via measures resembling 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 linked property.
Sensoring and monitoring additionally contribute to the direct measurement of sustainability environmental, social and governance (ESG) metrics resembling power effectivity and greenhouse gasoline emission or wastewater flows. This method offers precise actual knowledge 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 degree of asset administration excellence. The next determine reveals the levels from a reactive to a proactive asset administration tradition, together with the assorted strategies and approaches that corporations may apply:
Within the holistic asset administration view, a scalable platform affords functionalities to construct capabilities alongside the way in which. Every step within the journey calls for adopting new processes and methods of working, which devoted finest apply instruments and optimization fashions assist.
The enterprise asset administration (EAM) system essentially 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 degree 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) knowledge trade permits condition-based upkeep and well being monitoring. Threat-based asset methods align upkeep efforts to steadiness 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 substitute 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 most effective resolution for general enterprise worth.
New expertise catalyzes the asset maturity journey, digital options join the asset administration methods, and sensible linked 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 recent optimization instruments. Gen AI use instances have been developed in every step of the journey, to assist corporations develop extra capabilities to change 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 expertise and permits excellence in asset administration maturity. This method permits utility corporations to maximise their worth and thrive as they handle via the power transition.
Learn extra in regards to the enterprise worth of APM
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