Aging Assets (A2)
Embedded
distribution infrastructure is aging
and utilities increasingly face reliability
and financial risks as equipment reaches
the end of expected life. The objectives
are to (1) document the extent and
scope of this problem (identify problematical
equipment, and quantify the extent
of the financial and reliability risk),
and (2) provide tools and information
to help companies make least-cost
repair/replace decisions.
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| Key
Benefits
- Reduced aging-assets
management costs
- Capital spending
better aligned with corporate, customer,
and financial goals
- Improved
financial strategy for dealing with
aging infrastructure problem.
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Applications
- Repair/replace
strategy and policy
- Distribution
project prioritization / capital
budgeting
- Distribution
capacity expansion
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Task
List
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- Problem identification
(Literature review, Interviews,
Analyze survey data)
- Equipment
failure research
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- Identify
and assess the adequacy of failure
rate data
- Document
the state-of-understanding of
root causes of failure
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- Methodology
development
- Software
design, implementation and testing
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- Case studies:
solve real-world problems and develop
case examples for the training materials.
- Training
workshops
- Methodology
documentation
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