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0606: Best Practices for Asset Performance Management (APM) Software

This project aims to investigate APM software options, providing a review of the current APM technology solutions in the market and their functionalities. The project will assess the APM's potential impact on utility business capabilities, and provide guidance on good APM practices and justification for implementing APM solutions at electrical utility companies.

Feb 6, 2024

AMIG

AMTD

Research

4203: Enterprise Risk Management

As utilities mature and improve their asset management (AM) practices, risk management becomes essential to the broader AM strategy. Established standards, such as ISO (International Organization for Standardization) 5500x, incorporate risk management as a key component of broader organizational AM practices that manage operational-level risks. However, it is necessary to manage all corporate- and organizational-level risks. Enterprise risk management (ERM) allows utilities to manage these risks

May 15, 2020 - Jan 19, 2022

Research

4209: Asset Lifecycle Modelling

The objective of this project is to provide utilities with an Asset Lifecycle Modeling Guidance Document for the development of their Asset Lifecycle modelling including analytics required for the modelling. Asset Lifecycle modelling needs to feed into and support the development of utility AMPs for use by CEATI Asset Management in Transmission and Distribution (AM in T&D) members.

Feb 1, 2023

AMTD

Research

4207: Development of Risk Models and Analytics in T&D Utilities

The objective of this project is to provide utilities with guidance in development of their risk models and accompanying analytics. The risk models and analytics must be aimed at providing optimal mitigation of Corporate risk through the appropriate selection of investments.

Feb 1, 2023

AMTD

Research

Resiliency Resources Inventory

This Resiliency Resources Inventory is a compilation of resources across a sub-set of CEATI's transmission and distribution groups focused on enhancing the reliability and resilience of T&D systems. The inventory identifies ongoing and completed projects, as well as completed webinars, workshops and information exchanges showcasing innovations and best practices across multiple facets of power system resiliency. The inventory identifies resources on infrastructure hardening, grid moderniza

Jan 1, 1970

Research

0605: Asset Class Strategies for Battery Energy Storage Systems

The objective of the project is to develop a guideline to assist asset managers of electric utilities to develop an asset class strategy for their BESS assets. The guideline will flow from the requirements of ISO 55000. The guideline will demonstrate how the BESS project objectives link to the utility's Asset Management Objectives and the utility's Corporate Objectives. The guideline will clearly define the BESS assets. The guideline will clearly designate the decision points / points of conside

Jan 2, 2024

AMIG

AMTD

Research

4205: Performance Measures of Asset Management Functioning and Effectiveness

This report establishes a common framework for the development of asset management Key Performance Indicators (KPIs) for electricity generation, transmission, and distribution assets. The resulting framework and list of KPIs were developed based on the ISO 5500X series of standards and guidance from the Institute of Asset Management. The included KPIs are a mix of leading, process, and lagging indicators. The KPIs also address various levels of the asset hierarchy, from the asset management syst

Feb 9, 2022 - Jul 31, 2023

AMTD

Research

4201: Library of Key Performance Indicators (KPIs) for Transmission and Distribution Assets

Measuring the success of asset management plans is typically done through reporting against a set of Key Performance Indicators (KPI’s). Over the years, transmission and distribution (T&D) electric utilities have developed numerous KPI’s of varying usefulness. This project first collected industry-standard T&D KPIs, and these were augmented with contributions and input from the CEATI T&D Strategic Asset Management Program utility participants to create an initial library of customize

Jul 22, 2019 - Feb 1, 2021

AMTD

Research

4202: Asset Management at the Strategic Level - Information Report

This report presents guidance in top-level, long-term management action. The term “Strategic Asset Management” was initially derived from the early asset management standards identifying requirements and actions for asset owners; these actions evolved into the actions of top management. This aspect of asset management has received less attention than those associated with lower levels of management. The study encompasses four areas typically considered the prerogative of upper manage

May 20, 2020 - Apr 9, 2021

AMTD

Research

4204: Roadmap for Transmission and Distribution (T&D) Asset Management Investments

Electricity transmission and distribution networks are amongst the most asset-intensive industries. Network owners face increasing pressure to provide better service to customers while minimizing costs. Whilst asset managers typically understand current service levels and the costs associated with maintaining these, they may not be able to demonstrate the efficiency of these investments. Asset managers are under increasing pressure to control their capital and O&M investments but do not always h

Aug 31, 2021 - Jul 27, 2022

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