White Paper: Asset Management - A New Mindset for Today's T&D Challenges

IN THE PAST, maximum performance and minimum risk were the driving principles in the electric utility business. Sacrificing either for lower cost was not considered prudent. This mindset tended to result in overbuilt systems.

Today electric utilities face new challenges: regulatory change, new standards for transmission open access, grid congestion, aging infrastructure and an uncertain global economy to name a few. To be successful in today's electric markets, utilities must keep an eye on the cost component of their planning and implementation spending decisions.

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