Electric Utility Asset Investment Planning
In the next decade, the electric utility ecosystem will be more complex, utilizing several forms of clean energy.
To ensure critical asset infrastructures are sustainable and adaptable physically and financially, decisions-makers must continue leveraging the organization’s collective expertise, innovation, and vision.
Timely and best decisions require a flexible Asset Investment Planning (AIP) solution that can evolve over life cycle decades and be handled by decision-makers without any programming expertise.
AIP embodies modularity, transparency, digitalized expertise, and predictive analytics for CAPEX/OPEX optimization amid challenges involving resource limitations and aging infrastructures. AIP solutions scope out profitable, evidence-based strategies. They assist in targeting levels of service, stabilizing rate bases, and achieving the desired infrastructure reliability at the lowest cost.
Hydro-Québec TransÉnergie (HQT) manages one of North America’s most extensive electric power transmission systems, serving local populations and supplying power to three Canadian provinces and four U.S. States. Every year, HQT invests over $2B to maintain its network and ensure its sustainability.
Electric Utility Asset
> Strategic Trajectories
Identifying the right decisions for evolving the current aging electric utility networks toward sustainability requirements of the future, while responding to current financial (CAPEX/OPEX, ROI) and physical (asset reliability and performance) objectives.
> Rate Case Management
With electric utility rates being a key source of revenue for regulated utilities, asset management professionals require solutions for managing rate justification cases. Transparent and consistent processes for producing reliable investment planning scenarios are essential for credible reporting of assets.
> Workforce Turnover
As retirement and transferring out loom, safeguarding and automating subject matter expertise becomes imperative. This way, precious knowledge can be captured, formalized, and centralized.
How DIREXYON Suite
DIREXYON Suite assists you in identifying the most profitable investment strategies for improved decision-making. Advanced predictive analytics capabilities enable inclusion of uncertainties that may not otherwise be adequately accounted for. You therefore become empowered to optimize decisions affecting levels of service, budgetary and resource constraints, as well as rate bases.
DIREXYON Suite benefits
Risk, Cost & Performance
DIREXYON Suite yields sustainable annual cost savings of 20-30% over an integral asset life cycle for a consistent level of service.
"Asset-focused approach …anticipates future needs to achieve and maintain desired performance."
Marie-Josée RobyLearn more
Hydro-Québec TransÉnergie (HQT)
DIREXYON Suite Modules
Asset Investment Planning
The ultimate strategic combo-pack of decision-support, predictive analysis & simulation modules solutions.
Portfolio Optimization & Management
Select the best combinations of projects encompassing all your resource and financial constraints for an optimized delivery plan.