Risk-based investment planning for power transformers
Fortis BC hired BBA to perform a condition and risk assessment of two power transformers. Our objective was to determine the optimal intervention scenario for these assets by conducting cost-benefit analyses aligned with the utility’s risk tolerance, thereby informing their decision-making process. One notable challenge included navigating a service advisory from the bushing manufacturer regarding potential premature failure, adding unknown risk.
- Region Western Canada
- Client Fortis BC
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Our experts' solutions
With careful considerations to the asset condition, hazard analysis and life cycle costs, the project provided valuable insights into the current and future states of assets, the risks associated with identified degradation and proposed approaches for effective management. BBA delivered actionable solutions to guide capital expenditure decisions for mid-life renewal or refurbishment investments, recommended strategies to optimize maintenance while addressing the ongoing service advisory and outlined a framework to analyze results and extract optimal value from the assets going forward.
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When it comes to utility asset management consultancy… It was great how easy it was to deal with BBA and manage the project and the deliverable. You listened to our needs, explained options, answered project-related questions and, moreover, delivered to the expected level of quality, on budget and on time. It was almost like having one of you working right here with us!
Paul Gheorghe, Senior Engineer at Fortis BC
