The T&D sector must make many decisions each and every day, from routine operations and maintenance decisions with minimal impact to irregularly occurring complex decisions with enormous impact. Significant grid improvements involve lead times of several years. Market information for this period is either not available or unreliable. To gain the base-line information needed for investment decisions, grid operators need to: - estimate the expected market developments and the reliability of the information collected: use of forecasting methods
- make decisions that can cope with uncertain prognoses: quantifying risks
- utilize a structural and unambiguous decision-making process: structural decision-making.
KEMA has a structured method to make strategic system operations investment decisions under uncertainty. To make an objective and well-founded decision the steps as outlined in the figure should be taken into account. Grid company client benefits from our method include: - making improved and well-founded decisions
- using uniform terminology to help make decisions more transparent, transferable, verifiable and dividable into sub-problems
- securing substantial cost reductions while maintaining the required and desired service level.
For more information please contact us.
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