CEATI T&D Asset Management Conference: Condition Based Maintenance Strategies
Hilton Tampa Downtown
At this year’s T&D Asset Management Conference, you’ll gain insight on how to manage the condition of T&D lines through a variety of strategies, including health indexing, risk assessments, work prioritization, condition assessments, and new technologies.
Ben McKinsey, our Utility Risk Assessment Program Lead, is lined up to speak about risk assessment and how to prioritize your spending to create a resilient system.
Utility Wildfire Risk Assessment – Using Comprehensive Analysis of Transmission Systems to Prioritize Short- and Long-Term Spending Efforts to Reduce Risks Associated with Wildfire
Tuesday, November 14, 2017 | 3:25 - 3:45 p.m.
Ben McKinsey, HDR
Risk is generally defined as “the positive or negative effects of uncertainty or variability upon utility objectives.” It is the product of the analysis of likelihood and consequences. As a part of developing short-term operation and maintenance plans as well as broader long-term planning efforts, utilities can evaluate the risk to infrastructure and the potential for performance failure to their power transmission system due to wildfire within their operating region(s). It is the primary intent of this presentation to provide utilities with a framework and risk visualization tool to support the decision making necessary to develop strategic and cost effective plans to reduce or minimize service failures as a result of wildfire, and thus, produce a system that exhibits long-term resilience to this threat.
By analyzing a utilities’ existing transmission infrastructure while also completing a review of the local characteristics of a wildfire to produce damage within the service area, utilities can gain perspective regarding their exposure to risk of service outages and capital losses. Once analysis of the system has been completed, utilities can prioritize short term maintenance and spending efforts to immediately address the highest risk areas, as well as evaluate long term capital budgets to help prioritize projects to reduce their unique relative risk profile and improve system reliability. Risk reduction can also be tracked over time to continually update their risk profile and support assessment of long term planning based on utilities’ upgrades and improvements. Periodic key factor updates may be scheduled to easily refresh the visualization tool to reflect changed conditions and support on-going planning and decision making efforts.
This approach to systematic risk assessment can be applied to evaluating disaster events beyond fire, including, but not limited to, wind/storm, seismic, flooding and mudslides, as well as other components of the infrastructure system, including distribution, generation and communications.
Create Long-Term Transmission System Resilience
What if your assets were affected by wildfires, storms or ice?