Asset Management
Complete Asset Management Solutions for Electrical Power Systems
Why should you trust our experts in providing you with a consistent and documented approach to your asset management decision making?
We have successfully completed dozens of Asset Management projects for 30+ companies with electrical assets across North America and Europe, we lead the development of asset management methodologies at international organizations, we provide training around the world, and our engineers have unmatched experience and in-depth knowledge in the field of asset management.
Having deep transmission and distribution electric utility roots, our complete Asset Management solutions span well-beyond the typical paper analysis - we provide specific action plans based on findings, advise on maintenance protocols, develop long term capital investment plans, and recommend and perform targeted equipment testing - through both lab and field testing – all performed by our staff.
By integrating available data from a multitude of sources, including historical data and information, such as preventative and corrective maintenance records, outage and failure statistics, loading and environmental conditions, as well as supplementary inspections and field and in-house testing, Kinectrics can provide you with a consistent and compelling decision-making strategy and action plan.
We have further enhanced our Asset Management service offerings by partnering with Asset Performance Management (APM) Platform providers. These platforms enable the integration of data, both static and real-time, to automatically update results and generate customized dashboards and reports. |
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Equipment Focused Asset Management services involve performing Asset Condition Assessments (ACA) using Health Indexing to identify assets that require attention and then utilizing risk-based methodologies to develop short and long-term action plans to address the indentified problems (for example, replace or refurbish).
Strategy Focused Asset Management services involve improving and standardizing decision making processes by using customized tools such as Investment Prioritization, establishing Performance Measures, creating Asset Management Plans (AMPs) consistent with ISO55000 requirements (considering both power system needs and internal/external drivers), and assisting with all aspects of the regulatory process.