Title :
Asset management for transmission and distribution
Author :
Brown, Richard E. ; Humphrey, Bruce G.
Author_Institution :
Kema Inc., Burlington, MA, USA
Abstract :
This paper discusses asset management for transmission and distribution companies. It first presents the goals and objectives of asset management, a corporate framework, and the competencies required to make it all work. It also discusses some of the pressing issues facing transmission and distribution companies today and the ability of asset management to help address these issues in an effective manner.
Keywords :
electricity supply industry; financial management; power distribution; power transmission; aging infrastructure; asset management; asset utilization; electric utility; infrastructure-related decision; maintenance; management optimization; project selection; risk management; Asset management; Condition monitoring; Costs; Financial management; Investments; Management information systems; Monopoly; Power industry; Strategic planning; System performance;
Journal_Title :
Power and Energy Magazine, IEEE
DOI :
10.1109/MPAE.2005.1436499
