Maintaining Substation Reliability Using an Asset Manageme..

As a result of economic pressures caused by deregulation, utilities are looking at new ways to approach the business of operating and maintaining their assets. In particular, one utility has taken a look at managing their substation assets as if they were stocks in a portfolio. Like financial managers who try to maximize return-on-investment for each asset in a client's portfolio, substation maintenance managers try to maximize the value of each task. This is done through careful consideration of the condition of each asset and its ability to produce revenue. Such an approach requires a deep understanding of both the criticality and the reliability of each asset.