Technology triggers like the Industrial Internet of Things, big data analytics, mobility and workflow collaboration represent new opportunities for significant reliability, efficiency and safety improvements in the power industry. The market is shifting to a holistic and operations-centric view where proactive and predictive maintenance opportunities empower front-line personnel to act before costly failures or downtime occur.
Comprehensive maintenance programs with proactive and predictive approaches allow utilities to be more efficient and effective in their operations and maintenance processes. A comprehensive strategy incorporates several different maintenance approaches, including a combination of preventative, condition-based, predictive and reliability-centered measures. The higher you move up the maintenance maturity pyramid the more strategic and proactive the strategy becomes and the more advanced warning of equipment problems is required.
The end goal of implementing a comprehensive maintenance program that moves from a reactive to a proactive approach is to deliver the greatest economic return for all asset types through strategic planning. This is made possible through integration with new technologies and devices for energy efficiency monitoring and equipment connectivity.
Using the comprehensive Enterprise Asset Performance Management solution offered by Schneider Electric, power utilities can monitor their assets to identify, diagnose and prioritize impending equipment problems – continuously and in real time. This end-to-end solution manages the collection of data from any number of sources, incorporates advanced analytics technology that combines machine learning with analytic rules, and provides a complete enterprise asset management platform to manage asset lifecycle and maintenance processes.
Enterprise Asset Performance Management helps grid operators, maintenance teams, systems engineers, controllers and others take advantage of the massive amounts of data available today and use it to make real-time decisions that have a positive impact on reliability and performance. Electric utilities can transform their maintenance strategies by leveraging data and technology to spend less time looking for potential issues and more time taking actions to achieve the greatest return on every single asset.
To learn more about Enterprise Asset Performance Management, join us for a complimentary webinar hosted by PennEnergy. On the webinar, Southern Company Principal Engineer Elizabeth Bray will explain how the utility has implemented data management and predictive asset analytics software for generation and transmission asset monitoring.
Register for the webinar: Case Study: How Southern Company Predicts Equipment Failure and Reduces Downtime.