Electric utility personnel dealing with the aftermath of Hurricane Sandy have faced a truly monumental challenge in repairing the power grid and restoring service. The challenge is compounded by the fact that the U.S. power grid is aging—in fact, much of the equipment in use on power grids today is decades old. The age of [...]
Tag Archives | Asset management
Changing Needs in Maturing Wind Energy Industry
It’s hard to believe that the wind energy industry could be considered one that’s maturing. But with nearly 49,611 MW of wind energy installed in the U.S. alone, the industry is turning its attention to how we can keep this installed base in good working order. Consider this: Popular development of wind farms began about 10 [...]
Checking In: How’s That New Year’s Resolution Going?
We talked a few weeks ago about New Year’s resolutions. Well, how are your resolutions going? Falling behind already? It’s not surprising – many, if not most, people falter on their New Year’s resolutions. Rather than give up on your resolutions for 2012, it may be time to revisit them. Perhaps it’s time to think [...]
New Year’s Resolutions for the Grid
Eat fresh fruits and vegetables. Exercise. Keep your vaccinations up to date. Cut saturated fat out of your diet. People make plenty of resolutions at the start of every new year to improve their health. Can we make similar resolutions to improve the health of the electric grid? We typically talk about a healthy grid [...]
The Top Five Reasons Why Managing Assets Saves Money
When faced with the costs associated with maintaining assets, it is easy to overlook the critical value this service brings to the bottom line and invest elsewhere in your grid. Asset management is a proactive process involving the management, monitoring and maintenance of equipment. It is critical to the continued performance and function of complex [...]
Getting the Most Out of Your Maintenance Budget
From the day an asset is installed until the day it is removed from service, there is both a demand and a belief by some that the asset is nearly always in an “under maintained” state and more maintenance is required. While on the surface, this may appear to be true, Asset Managers have the [...]
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