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