Presentation | Operations and Maintenance Budget Isn't Increasing, Sound Familiar?

IIoT • Maintenance • Predictive Maintenance • Video

Presentation | Operations and Maintenance Budget Isn’t Increasing, Sound Familiar?

Grant Gerke | August 17, 2016

Let me know if you have heard something like this: “Our key challenge is transmission assets at AEP that are growing pretty rapidly…and the Operations and Maintenance (O&M) budget isn’t. So, you have to figure out how to stretch those maintenance dollars over more and more assets.”

This item comes from Jeff Fleeman, vp at BOLD Transmission LLC at the 2016 ARC Advisory event, where he provided details about their move to a predictive maintenance approach. BOLD Transmission is a subsidiary of AEP, a power provider with numerous transmission assets in the U.S. — 3,500 substations.

See his presentation here:

Fleeman discusses the distributed nature of the power business, the changing dynamics, aging assets and how “better criteria is needed to replace these assets” to regulators.

The presentation is a great look at a business that always viewed condition-based monitoring and predictive monitoring as the next move and now they’re moving forward.

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