Asset performance management
Asset performance management
Asset Performance Management with RCAM Dynamic is a leading-edge methodology which combines asset data, subject matter expertise and Siemens’ several years of experience on assets.
- Description
- Details
- Benefits
This is in order to assess and quantify the asset condition, performance and associated risk.
Key Features of RCAM Dynamic
- Health Index (HI) calculation based on condition parameters
- HI forecast based on ageing functions per condition parameter
- present risk calculation based on HI related outage probability
- risk forecast calculation based on HI forecasting
- calculation of next maintenance, based on HI development scenarios
- calculation of optimal timing for interventions (replacement, refurbishment) by risk based present value scenario analysis.
RCAM Dynamic combines data showing the assets´ current state, with general nameplate data and further manual data relating to the assets´ past performance.
RCAM Dynamic analyses the data to model the impact of ageing and predicts the assets´ future health and its remaining life. As a result it is possible to compute an Asset Health Index (AHI) for every asset within an electrical grid. Those indices are used to calculate current and future failure probability rates for each individual asset.
The AHIs consider the following five demensions:
- Capex risk
- Opex risk
- environment risk
- safety risk
- network performance risk
The Overall result is a comprehensive asset mangement approach, relevant at all stages of the energy cycle: from generation, through transmission to distribution networks.
- cost reductions by stretching the lifespan of assets
- compliance with environmental and safety obligations
- confidence in the reliability of the network
- scheduled future maintenance
- prevented defects before they develop into serious failures
- basis for reasonable strategic planning and to optimize capital investments