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An integrated asset management data platform

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April 6, 2024
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An integrated asset management data platform
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Half 2 of this four-part collection discusses the advanced duties vitality utility firms face as they shift to holistic grid asset administration to handle via the energy transition. The first post of this series 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 numerous domains in a single community.

The asset administration ecosystem

The asset administration community is advanced. No single system can handle all of the required data views to allow end-to-end optimization. The next determine demonstrates how a platform method 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 main knowledge accountability. The EAM system is the middle for upkeep planning and execution through work orders. The upkeep, restore and overhaul (MRO) system offers obligatory spare components to hold out work and maintains an optimum inventory degree with a steadiness of inventory out danger and half holding prices.

The well being, security and surroundings (HSE) system manages work permits for protected work execution and tracks and investigates incidents. The method security administration (PSM) system controls hazardous operations via security practices, makes use of bow-tie evaluation to outline and monitor danger boundaries, and manages security and environmental important components (SECE) to forestall main containment loss. Monitoring vitality effectivity and greenhouse fuel or fugitive emissions can straight contribute to environmental, social and governance (ESG) reporting, serving to to handle and scale 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 by way of price and danger. The method of defining the optimum upkeep technique is named reliability-centered upkeep. The mechanical integrity of hazardous course of belongings, reminiscent of vessels, reactors or pipelines, requires a deeper method to outline the optimum risk-based inspection intervals. For course of security units, a security instrumented system method determines the check frequency and security integrity degree for alarm features.

Asset knowledge APM collects real-time course of knowledge. Asset well being monitoring  and predictive upkeep  features 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 primarily based on degradation fashions, failures, overdue preventive work and another related parameters that replicate the well being of the belongings. Predict performance builds predictive fashions to foretell imminent failures and calculate belongings’ 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 staff collects and prioritizes asset wants ensuing from asset methods primarily based on asset criticality. They optimize upkeep and substitute planning in opposition to the constraints of accessible finances and useful resource capability. This methodology is beneficial for regulated industries reminiscent of vitality transmission and distribution, because it permits firms to stay inside 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 growth 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 points of latest 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 belongings in opposition to the bottom whole price of possession inside the boundaries of all different stakeholders.

An industry-standard knowledge mannequin

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

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

Read more about IBM Data Model for Energy and Utilities

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Affiliate companion Asset & Manufacturing Optimization

Government Companion & International Trade CoE Chief-Vitality, Atmosphere & Utilities, IBM Consulting



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