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Projects: Projects for Investigator
Reference Number NIA_NGGD0003
Title Asset Health Modelling
Status Completed
Energy Categories Fossil Fuels: Oil Gas and Coal(Oil and Gas, Refining, transport and storage of oil and gas) 100%;
Research Types Applied Research and Development 100%
Science and Technology Fields ENGINEERING AND TECHNOLOGY (Mechanical, Aeronautical and Manufacturing Engineering) 100%
UKERC Cross Cutting Characterisation Not Cross-cutting 100%
Principal Investigator Project Contact
No email address given
Cadent Gas
Award Type Network Innovation Allowance
Funding Source Ofgem
Start Date 01 October 2011
End Date 30 September 2013
Duration 24 months
Total Grant Value £552,148
Industrial Sectors Manufacturing
Region London
Programme Other
 
Investigators Principal Investigator Project Contact , Cadent Gas (100.000%)
Web Site http://www.smarternetworks.org/Project/NIA_NGGD0003
Objectives
The objective of this project is to develop a Condition Based Risk Model (CBRM) that will determine the future health index of National Grid Gas Distributions governors and pressure reduction assets in order to prioritise future investment decisions. The CBRM tool will allow the future Health Index (HI) and Probability of Failure (POF) of these assets to be simulated and assessed. This will enable understanding of asset condition and criticality, identifying and modelling different interventions to mitigate risk, and prioritise and select optimal expenditure via a condition based risk approach.

Expected Benefits:
Development of an asset expenditure modelling tool which is based on asset condition, probability of asset failure and risk. This risk model will provide a robust, auditable and refreshable system for asset management which will support all future RIIO-GD regulatory submissions, and has a user interface that allows the following:
  • The ability to compare and manage governor and pressure reduction installation asset groups on a comparable basis
  • The ability to create robust and defendable investment plans based on a sound understanding of the assets
  • Providing demonstrative evidence of asset condition that can assist in out performing regulatory incentive output measures
  • A quantifiable, risk based approach to both CAPEX and OPEX investment with a clear audit trail
  • A proven methodology, employed by others to support their regulatory submissions
  • An on-going framework for managing assets using industry best practice techniques.
Abstract The scope of this project includes:
Stage 1: Gap Analysis / Development of Proof of Concept Model.
  • CBRM Audit across all (2) asset categories
  • Completion of CBRM excel model (District Governors) (Pressure Reduction Installations)
  • Gap Analysis : RIIO GD1
  • Roadmap plan for 2013 submission
  • Commencement of CBRM excel model.
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Publications

Asset Health Modelling:Final Report

Added to Database 29/09/16