power system asset management

Infrastructure Asset Management with Power System Applications

The book has a wide coverage in both basic theories and actual applications for power system asset management, which represents the unique characteristic of the book in asset management. The chapters are well organized. The author is an excellent expert in this field. She has fruitful knowledge and experiences in …

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Infrastructure Asset Management with Power System Applications

Description. Infrastructure Asset Management with Power System Applications is about infrastructure asset management, which can be expressed as the combination of management, financial, economic, and engineering, applied to physical assets with the objective of providing the required level of service in the most cost-effective manner.

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Infrastructure Asset Management with Power System Applications

It covers budget issues and focuses on asset management of an infrastructure for energy—i.e., the electric power system. Features Offers a …

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Efficient Asset Management Practices for Power Systems Using …

Efficient asset management practices establish operation and maintenance for each equipment, from the time the equipment is acquired until the …

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How analytics can improve asset management in electric-power …

This article by PSC UK''s Sean McConnon and Abraham Alvarez-Bustos covers Asset Management in Power Systems. The authors discuss the various types of, and activities associated with, …

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Intelligent engineering asset management system for power …

This research develops an intelligent engineering asset management system for power transformer maintenance. The system performs real-time monitoring of key parameters and uses data mining and fault prediction models to detect transformers'' potential failure under various operating conditions. Principal component analysis (PCA) …

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Asset Management in Power Systems

Asset identification involves identifying and cataloging all electrical equipment within a power system. This includes inventorying all assets, including their specifications, location and age. Once the assets have been identified, the next step is to assess the asset condition. This involves regularly monitoring the equipment to identify ...

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Asset management in power systems | IET Conference …

The introduction of life cycle management (LCM) into power system asset management is very helpful for maintaining the secure and economic operation of the …

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The general asset management process of power systems

2008. TLDR. This paper proposes a systematic method of estimating the mean life of an aged power equipment group based on the approach of Dr. W. Li of BCTC, Canada on the assumption that the stochastic behavior of aged equipment life determines the probability distribution model, such as the normal model or the Weibull model. Expand.

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Time management for assets: chronological strategies for power …

Power system asset management involves several multidisciplinary activities to ensure the reliable, efficient, and safe operation of power equipment.

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Power system asset management using advanced protection relays

The evolution and deployment of smart grid asset management technologies since last decade has transformed the power system monitoring capabilities. Smart grid offers hardware, software, communication systems and data storage capabilities for asset management in the form of Intelligent Electronic Devices (IED''s). These IEDs for a …

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Full Life Cycle Management of Power System Integrated With …

The rapid development of renewable energy leads to major changes in the investment scale and asset management mode of power system. In 2019, the annual investment in renewable energy power in the world reached 53.1 billion United States dollars, and the rapid growth of asset investment greatly promoted the research and development of …

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Evaluation on power information data asset management system …

Logically speaking, the power information data asset management system can be divided into three levels. The first layer is a data access layer (or persistence layer), which is responsible for receiving data access; the second layer is the business logic layer, which performs specific operations on data and processes data business through …

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Managing Power Assets for Maximum Performance

Achieving excellence in asset management is critical to optimize return on investment in power and utility (P&U) organizations. This report explores the role of …

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bba | Power System Asset Management Solutions (PSAMS)

Acquisition Date 05/2019. BBA is proud to announce its acquisition of Power System Asset Management Solutions (PSAMS), which bolsters BBA''s offering with a full range of advanced electrical testing and analysis services for industrial companies and utilities. PSAMS highly experienced team of experts, instructors and consultants are recognized ...

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Power distribution asset management | Semantic Scholar

123. PDF. The principal objective of the asset management in a power distribution utility enterprise (DUE) is to guide the acquisition, use and disposal of distribution system assets to provide the level of service required by customers in the cost-effective manner, encompassing the strategic planning, maintenance and utilization and operation ...

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Utility asset management | condition based maintenance | Cascade …

Asset performance management (APM) enhances asset management, with data analytics, condition monitoring and predictive maintenance, to support better operational decisions. With a utility asset management system that includes APM capabilities, the risk of equipment failure is minimized, while equipment life is optimized.

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Time management for assets: chronological strategies for power system ...

This paper discusses how the coordination of time scales for asset management plays a critical role in strategic decisions. It categorizes asset management based on possible time scales: real-time asset management; short-term asset management; midterm asset management; and long-term asset management. The …

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Infrastructure Asset Management with Power System Applications

Infrastructure Asset Management with Power System Applications is about infrastructure asset management, which can be expressed as the combination of management, financial, economic, and engineering, applied to physical assets with the objective of providing the required level of service in the most cost-effective manner. It …

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Power System Assets

Offers the state-of-the-art of power systems asset management; Presents methods to bridge satisfying asset management process and achieving real asset management results; Supports asset investment decisions using risk-based business case analysis. Additional informations. Publication type: Green Books: Reference: GB 12:

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Efficient Asset Management Practices for Power Systems Using …

The purpose of this chapter is to present a case study involving the processing of asset databases of an electrical transmission system in order to create subsidies for the development of an efficient asset management system. Advertisement. 2. Database studies. The databases in this case study are composed of data from power …

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Asset management and maintenance programming for power …

Different asset management techniques based on the local characteristics of each region are applied in different regions of the world that cannot be extended to all power systems . Given the explanations given tothe importance of asset and maintenance management, as well as its limited and usually inadequate budget, one of the …

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Electric Power System Asset Optimization

Utility business processes including planning, engineering, operations, maintenance and customer service are the primary means for asset optimization1. These processes—all of which are part of an asset management program—depend on the availability of key data and the capability of technologies to process that data.

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Asset Management, Tools and Procedures

Asset management (AM) is one of the most important chapters in the operation of the power system (and energy system). Power system operations and AM activities are not always strongly linked. Operational decisions are mostly based on operational grid parameters such as voltages, currents and power flows at operational time horizon, …

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The Official Website of PSALM Corporation

The Power Sector Assets and Liabilities Management (PSALM) Corporation achieved a major success in its ongoing efforts to manage and reduce its financial obligations (FO). The reduction in FO balance was due to a plethora of factors, notable of which are the following: (1) Therma Luzon, Inc.''s (TLI) prepayment of its monthly payments relative ...

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Asset Management of Power System

Asset Management of Power System Jae-Sang Hwang 1, Sung-Duk Mun 1, Tae-Joon Kim 1, Geun-Won Oh 2, Yeon-Sub Sim 2 and Seung Jin Chang 2,* 1 Korea Electric Power Corporation Research Institute, 105 ...

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Power distribution asset management

The principal objective of the asset management in a power distribution utility enterprise (DUE) is to guide the acquisition, use and disposal of distribution system assets to provide the level of service required by customers in the cost-effective manner, encompassing the strategic planning, maintenance and utilization and operation of a ...

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The POWER Interview: Remote Monitoring Key For Asset Management

Remote monitoring can also help shift asset maintenance strategies from intermittent manual intervention to more continuous monitoring of asset degradation and strategically planned maintenance ...

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Infrastructure Asset Management with Power System Applications

Power system asset management involves several multidisciplinary activities to ensure the reliable, efficient, and safe operation of power equipment. One aspect of effective asset management is ...

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Data Challenges in Asset Management of Power Distribution …

In this paper, we review the state-of-the-art of asset management, data management, and their links to power systems in particular. Previous literature is reviewed methodically …

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Power System Assets: Investment, Management, Methods and …

The scope of Cigré Study Committee C1 is to study Economics and system analysis methods for the development of power systems: methods and tools for steady state and dynamic analysis, planning issues and methods in various contexts, asset management strategies, in order to support electricity system planners worldwide to anticipate and …

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Infrastructure Asset Management with Power System Applications ...

Infrastructure Asset Management with Power System Applications is about infrastructure asset management, which can be expressed as the combination of management, financial, economic, and engineering, applied to physical assets with the objective of providing the required level of service in the most cost-effective manner. It …

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Power System Assets: Investment, Management, …

This CIGRE Green Book describes the state-of-the-art of power Systems asset management dealing with all aspects asset management practice. The major focus of the book is on documenting practical methods that …

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Power Apps pattern: Asset management

A Power Apps app was created by the IT Asset Management team to scan the barcode of the iPad and assign it to each crew member. All information was stored in SharePoint Online and later imported into their Asset Management system. Within six weeks, 90% of the iPads were handed out with the help of this app, significantly cutting …

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Asset Management Software | Asset Management System | Electrical Asset ...

The protection system model and relay data feed in a relay management system solution, is called ETAP eProtect. This system is connected through IEC 61850 and IEC 60870-5-103 protocol to linked relays, events, and fault records. Fault records are stored in a database for detailed analysis and validation.

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Energy Asset Management: A Complete guide

Energy Asset Management Deciphered: A Brief Overview. At its core, Energy Asset Management encompasses the systematic management of an organization''s energy-related assets, such as power plants, renewable energy installations, electrical grids, and even individual equipment like HVAC systems and lighting. It involves the strategic …

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