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An integrated asset management data platform

April 6, 2024
in Blockchain
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Half 2 of this four-part collection discusses the complicated duties vitality utility firms face as they shift to holistic grid asset administration to handle by way of the vitality transition. The primary put up of this collection addressed the challenges of the vitality transition with holistic grid asset administration. On this half, we talk about the built-in asset administration platform and knowledge trade that unite enterprise disciplines in several domains in a single community.

The asset administration ecosystem

The asset administration community is complicated. No single system can handle all of the required data views to allow end-to-end optimization. The next determine demonstrates how a platform strategy can combine knowledge flows.

Asset knowledge is the premise for the community. Enterprise asset administration (EAM) programs, geographic data programs and enterprise useful resource planning programs share technical, geographic and monetary asset knowledge, every with their respective major knowledge accountability. The EAM system is the middle for upkeep planning and execution through work orders. The upkeep, restore and overhaul (MRO) system gives needed spare elements to hold out work and maintains an optimum inventory degree with a steadiness of inventory out threat and half holding prices.

The well being, security and setting (HSE) system manages work permits for secure work execution and tracks and investigates incidents. The method security administration (PSM) system controls hazardous operations by way of security practices, makes use of bow-tie evaluation to outline and monitor threat limitations, and manages security and environmental essential parts (SECE) to forestall major containment loss. Monitoring vitality effectivity and greenhouse fuel or fugitive emissions can instantly contribute to environmental, social and governance (ESG) reporting, serving to to handle and cut back the carbon footprint.

Asset efficiency administration (APM) technique defines the steadiness between proactive and reactive upkeep duties. Asset criticality defines whether or not a preventive or predictive job is justified when it comes to value and threat. The method of defining the optimum upkeep technique is named reliability-centered upkeep. The mechanical integrity of hazardous course of property, comparable to vessels, reactors or pipelines, requires a deeper strategy to outline the optimum risk-based inspection intervals. For course of security units, a security instrumented system strategy determines the check frequency and security integrity degree for alarm capabilities.

Asset knowledge APM collects real-time course of knowledge. Asset well being monitoring  and predictive upkeep  capabilities obtain knowledge through distributed management programs or supervisory management and knowledge acquisition programs (SCADA). Asset well being monitoring defines asset well being indexes to rank the asset situations based mostly on degradation fashions, failures, overdue preventive work and every other related parameters that mirror the well being of the property. Predict performance builds predictive fashions to foretell imminent failures and calculate property’ remaining helpful life. These fashions usually incorporate machine studying and AI algorithms to detect the onset of degradation mechanisms in an early stage.

Within the asset efficiency administration and optimization (APMO) area, the workforce collects and prioritizes asset wants ensuing from asset methods based mostly on asset criticality. They optimize upkeep and substitute planning towards the constraints of obtainable finances and useful resource capability. This methodology is helpful for regulated industries comparable to vitality transmission and distribution, because it permits firms to stay throughout the assigned finances for an arbitrage interval of a number of years. The asset substitute necessities enter the asset funding planning (AIP) course of, combining with new asset requests and enlargement or improve initiatives. Market drivers, regulatory necessities, sustainability targets and useful resource constraints outline the undertaking portfolio and priorities for execution. The undertaking portfolio administration perform manages the undertaking administration elements of recent construct and substitute initiatives to remain inside finances and on time. Product lifecycle administration covers the stage-gated engineering course of to optimize the design of the property towards the bottom whole value of possession throughout the boundaries of all different stakeholders.

An industry-standard knowledge mannequin

A uniform knowledge mannequin is critical to get a full view of mixed programs with data flowing throughout the ecosystem. Technical, monetary, geographical, operational and transactional knowledge attributes are all elements of a knowledge construction. Within the utilities {industry}, the widespread data mannequin gives a helpful framework to combine and orchestrate the ecosystem to generate optimum enterprise worth.

The mixing of numerous asset administration disciplines in a single gives a full 360° view of property. This integration permits firms to focus on the complete vary of enterprise targets and monitor efficiency throughout the lifecycle and towards every stakeholder purpose.

Learn extra about IBM Information Mannequin for Power and Utilities

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Affiliate associate Asset & Manufacturing Optimization

Government Accomplice & World Trade CoE Chief-Power, Setting & Utilities, IBM Consulting



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