utility asset management, electric reliability

Managing Assets for Reliability

Achieving the sustainable balance between performance, cost and risk

Utilities face complex, capital-intensive challenges to achieving reliability and performance goals. They must manage aging assets within the context of rapid technology development and integration, regulatory uncertainty—and all within an evolving and capital constrained market. KEMA is helping utilities leverage enterprise-wide insight to enhance their asset management process and outcomes.

Cost, return and performance success hinges on how well a utility balances short- and long-term objectives throughout the asset portfolio life cycle. Success is also driven by how well a utility integrates asset management throughout its enterprise, from business strategies and planning, to operations and management processes and organization.

A whole-system approach to asset management

Many of the data and tools needed for asset management success already exist and are in use within the utility structure. KEMA guides utilities in applying a whole-system view to these data and tools—going beyond an insular technology and software perspective—to capture O&M cost efficiencies, defer capital spending and improve asset performance for all of their stakeholders. We work with clients to develop insightful performance and reliability strategies and integrated technology and asset management roadmaps.

Our approach to asset management has proven to be effective in helping clients:

identify efficiency gains
reduce spending
improve maintenance programs and replacement strategies
extend asset life
manage risks across the company at various levels of detail
provide transparent expenditure justification required by the regulator.

With over 80 years experience and insight into the energy and utility industry, KEMA understands the technical consequences of a business decision, and the business consequences of a technical decision. We apply this knowledge to help clients define and implement asset management strategies that address today’s critical utility challenges with an eye on anticipating and transforming their future.

Optimizing utility asset management for cost, performance and risk

Successful asset management requires identifying appropriate targets and making resource and equipment decisions based on in-depth analysis and evaluation of asset-level data. And asset-level decisions need to be made in alignment with corporate business objectives -- balancing performance, cost, and risk. KEMA offers the combination of technical and business expertise to help clients balance these three dimensions.

Our asset management solutions include: