How to build your underground asset management program
Ends: July 17, 2018 12:00 pm
Reducing risk and improving underground cable reliability
Municipal and cooperative utilities across North America are wrestling with a looming problem with their underground cables. Faults are increasing over the large base of aging, XLPE cable installed 40–50 years ago, and there is a growing sense that something must be done. Many utilities struggle to answer the question, “What is the right level of spending to address the problem?”
This presentation describes an approach to answering this question using the principles of asset management.
- Learn the innovative approach to right sizing your long-term asset management program by balancing risk of failure against the cost of intervention.
- Compare intervention options to determine under what circumstances you should replace, rejuvenate, test, or do nothing.
- Discuss building sensible scopes of cable work that can be provided for crew execution.
- See a live demo of the analytical software tool called AERO that uses your available data and corporate priorities, along with industry data, to perform the economic calculations you need.
The results are an overall cable program including levels of spending for replacement, rejuvenation, and testing; metrics for prioritizing cables against other spending needs; and outputs that can be linked to GIS to help you identify pockets of high risk or spending need.
Darin Johnson is the President and director of the asset management practice at BIS Consulting. His experience includes risk analysis, capital planning, and life-cycle cost analysis for electric transmission and distribution, water/wastewater, and hydroelectric generation facilities. His work addresses the full range of asset management program development to justify and prioritize replacement of aging assets and other spending programs.
Mr. Courtney is CIO and Managing Director of the UMS Group’s Global Business Intelligence Center (GBIC). He brings over 35 years of senior and executive IT experience. At UMS Group, he leads the software product business unit. Courtney holds a BS in Applied Mathematics and Statistics and Economics from Stony Brook University and an MS in Operations Research and Statistics from the School of Management at Rensselaer Polytechnic Institute.