An integrated asset management data platform

Half 2 of this four-part collection discusses the complicated duties power utility corporations face as they shift to holistic grid asset administration to handle via the energy transition. The first post of this series addressed the challenges of the power transition with holistic grid asset administration. On this half, we focus on the built-in asset administration platform and knowledge change that unite enterprise disciplines in several domains in a single community.

The asset administration ecosystem

The asset administration community is complicated. No single system can handle all of the required info views to allow end-to-end optimization. The next determine demonstrates how a platform method can combine knowledge flows.

Asset knowledge is the premise for the community. Enterprise asset administration (EAM) methods, geographic info methods and enterprise useful resource planning methods share technical, geographic and monetary asset knowledge, every with their respective main knowledge duty. The EAM system is the middle for upkeep planning and execution by way of work orders. The upkeep, restore and overhaul (MRO) system offers vital spare elements to hold out work and maintains an optimum inventory stage with a stability of inventory out threat and half holding prices.

The well being, security and surroundings (HSE) system manages work permits for secure work execution and tracks and investigates incidents. The method security administration (PSM) system controls hazardous operations via security practices, makes use of bow-tie evaluation to outline and monitor threat obstacles, and manages security and environmental essential components (SECE) to forestall main containment loss. Monitoring power effectivity and greenhouse gasoline or fugitive emissions can straight contribute to environmental, social and governance (ESG) reporting, serving to to handle and cut back the carbon footprint.

Asset efficiency administration (APM) technique defines the stability between proactive and reactive upkeep duties. Asset criticality defines whether or not a preventive or predictive activity is justified when it comes to value and threat. The method of defining the optimum upkeep technique is known as reliability-centered upkeep. The mechanical integrity of hazardous course of belongings, equivalent to vessels, reactors or pipelines, requires a deeper method to outline the optimum risk-based inspection intervals. For course of security units, a security instrumented system method determines the take a look at frequency and security integrity stage for alarm capabilities.

Asset knowledge APM collects real-time course of knowledge. Asset well being monitoring  and predictive upkeep  capabilities obtain knowledge by way of distributed management methods or supervisory management and knowledge acquisition methods (SCADA). Asset well being monitoring defines asset well being indexes to rank the asset circumstances primarily based on degradation fashions, failures, overdue preventive work and some other related parameters that replicate the well being of the belongings. Predict performance builds predictive fashions to foretell imminent failures and calculate belongings’ remaining helpful life. These fashions typically incorporate machine studying and AI algorithms to detect the onset of degradation mechanisms in an early stage.

Within the asset efficiency administration and optimization (APMO) area, the workforce collects and prioritizes asset wants ensuing from asset methods primarily based on asset criticality. They optimize upkeep and substitute planning towards the constraints of accessible funds and useful resource capability. This methodology is helpful for regulated industries equivalent to power transmission and distribution, because it permits corporations to stay inside the assigned funds for an arbitrage interval of a number of years. The asset substitute necessities enter the asset funding planning (AIP) course of, combining with new asset requests and enlargement or improve initiatives. Market drivers, regulatory necessities, sustainability targets and useful resource constraints outline the undertaking portfolio and priorities for execution. The undertaking portfolio administration perform manages the undertaking administration features of latest construct and substitute initiatives to remain inside funds and on time. Product lifecycle administration covers the stage-gated engineering course of to optimize the design of the belongings towards the bottom complete value of possession inside the boundaries of all different stakeholders.

An industry-standard knowledge mannequin

A uniform knowledge mannequin is important to get a full view of mixed methods with info flowing throughout the ecosystem. Technical, monetary, geographical, operational and transactional knowledge attributes are all elements of a knowledge construction. Within the utilities {industry}, the widespread info mannequin presents a helpful framework to combine and orchestrate the ecosystem to generate optimum enterprise worth.

The combination of various asset administration disciplines in a single offers a full 360° view of belongings. This integration permits corporations to focus on the complete vary of enterprise aims and observe efficiency throughout the lifecycle and towards every stakeholder objective.

Read more about IBM Data Model for Energy and Utilities