Asset Management in T&D

Overview

The Asset Management in T&D (AMTD) Interest Group is an international consortium of utilities managing electricity transmission and distribution, communications, and station assets with a common focus on the application of asset management across the entire utility organization/business.

The core mission of AMTD is to serve as a world-class resource for utilities with T&D assets to improve their practice of asset management.

Focus areas

Implementing Asset Management Standards
Effecting Strategy and Innovation
Developing and Iterating on the Asset Management Development Roadmap
Developing Asset Technical Knowledge
Data-Informed Decision Making

This group is for

Asset managers, investment planners, risk managers, asset management engineers, managers and program managers, asset strategists, and reliability managers

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Technical Advisor Support

Ed Watson

Overhead Transmission Equipment and Asset Management in T&D

Ed Watson received his Bachelor of Science degree in Electrical Engineering from the University of Alabama and his Master of Business Administration from Georgia State University. He recently retired from Georgia Power, an operating unit of Southern Company, after 42 years of service primarily in the Power Delivery organization. During his tenure at Georgia Power, Ed held field, support and management roles in both Distribution and Transmission. He also held positions in marketing, project management and budgeting. Most recently, he was responsible for the development and implementation of the transmission line inspection and maintenance program as well as near and long-term capital replacement project development. This role included development and support of asset management applications to maintain facility records and facilitate and track program effectiveness. Ed also represented Southern Company in the industry by participating and leading working groups within several research organizations including CEATI. Since retirement, Ed continues to study and guide industry development by providing consulting services focused on transmission line asset management.

Top Resources

REFERENCE RESOURCE

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

Measuring the success of asset management plans is typically done by reporting against a set of key performance indicators (KPIs). Over the years, T&D electric utilities have developed numerous KPIs of varying usefulness. This project first collected industry-standard T&D KPIs. These were augmented with contributions and input from CEATI member utilities to create an initial library of customized KPIs that can be used by electric T&D utilities as a resource for tracking and measuring the performance of their assets and improving their asset management practices.

GUIDANCE DOCUMENT

Asset Management at the Strategic Level

Asset management is a rigorous process for extracting the maximum value from assets over their lifespan. Strategic asset management is seen as the role of enterprise top managers in promoting, guiding, and controlling the complete asset management process. This report presents guidance in top-level, long-term management action. The study distills information from many sources to collect this guidance, including electric utility programs, industry (both electric specific and generic) guidance on strategic asset management, and programs in industries similar to electric power (industries with substantial fleets of equivalent assets spread over a large geographic area).

RESEARCH REPORT

Enterprise Risk Management

As utilities mature and improve their asset management (AM) practices, risk management becomes essential to the broader AM strategy. Ultimately, enterprise risk management (ERM) implementation, details, and quality vary between utilities. This research initiative aimed to identify and develop best practices for ERM implementation that can foster innovation and increase the industry’s level of understanding to achieve ERM benchmarking and comparison. Through teleconference sessions held with CEATI member utilities, participants were able to compare and contrast their ERM implementations with other member utilities and industry best practices to identify opportunities for continuous improvement. Research results, conclusions, and recommendations were integrated into a final report.

BENCHMARKING TOOL

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

This document presents a maturity scale and roadmap to excellence in asset investment optimization. The maturity scale describes a series of defined states of asset investment planning using a five-point scale ranging from “unaware” to “excellent.” The roadmap includes case studies and provides a framework by which asset managers can ensure they have an appropriate methodology in place to quantify the impact of an investment plan and ultimately select a plan that best supports the delivery of the organization’s objectives.

RESEARCH REPORT

Performance Measures of Asset Management Functioning and Effectiveness

This report establishes a common framework for the development of asset management 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 KPI framework and KPI guidelines can be applied by an organization throughout its asset management evolution, whether to aid in the development of its own framework or to benchmark against industry peers.