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As utilities face mounting pressure to do more with aging infrastructure, effective asset management has become essential to grid performance, safety, and long-term planning. This topic explores how utilities are adopting data-driven strategies to assess asset health, prioritize investments, and extend the life of critical infrastructure. Topics include condition-based monitoring, risk modeling, digital twins, GIS integration, and lifecycle planning. Learn how utilities are evolving from reactive maintenance to strategic, value-based asset stewardship that supports reliability, safety, and regulatory compliance.
Core Concepts Discussed
- Lifecycle asset management
- Condition-based maintenance
- Predictive maintenance
- Risk-based asset prioritization
- Asset health indexing (AHI)
- Critical infrastructure planning
- Failure mode analysis
- Reliability-centered maintenance (RCM)
- Total cost of ownership (TCO)
- CapEx vs. OpEx optimization
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