Hydro One to launch an online asset analytics tool

subscribe

Hydro One is the first North American utility to launch an innovative, online, asset analytics tool providing companies with the ability to make more effective and prudent investment decisions.

By using a powerful combination of mapping software, asset condition and location information and business intelligence, Hydro One can now have accurate, complete, cross-referenced, analyzed data available instantly.

“This tool will help us increase reliability and value for our customers and ratepayers by directing our resources and investments to where they are most needed across the province,” said Carmine Marcello, President & CEO of Hydro One. “It allows us to plan our work to ensure the highest asset risks are prioritized first which will help manage the bulk of aging infrastructure that is affecting the entire utility industry.”

“Using cutting edge technology such as this is great way to ensure that Ontario homes and businesses get reliable power they can count on, no matter where they are located,” said Minister Chris Bentley.

The initial deployment of the asset analytics tool gives planners an on-site view of the condition of all poles, lines and stations across the province. The second wave of deployment will alert planners to the consequences if the asset fails. This provides Hydro One with a comprehensive view of operational risks and will shape decisions when it comes to the prioritization of investments.

Related News

faith birol

COVID-19 crisis shows need to keep electricity options open, says Birol

LONDON - The huge disruption caused by the coronavirus crisis has highlighted how much modern societies rely on electricity and how firm capacity, such as that provided by nuclear power, is a crucial element in ensuring supply, International Energy Agency (IEA) Executive Director Fatih Birol said.

In a commentary posted on LinkedIn, Birol said: "The coronavirus crisis reminds us of electricity's indispensable role in our lives. It's also providing insights into how that role is set to expand and evolve in the years and decades ahead."

Reliable electricity supply is crucial for teleworking, e-commerce, operating ventilators and other medical equipment, among all…

READ MORE
site c protestors

Site C dam could still be cancelled at '11th hour' if First Nations successful in court

READ MORE

dubai energy meeting

Dubai Planning Large-Scale Solar Powered Hydrogen Production

READ MORE

cleanup in Turks and Caicos

Maritime Electric team works on cleanup in Turks and Caicos

READ MORE

major utilities in the United States

Major U.S. utilities spending more on electricity delivery, less on power production

READ MORE