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NETWORK / 26 / OCTOBER 2016 Operational leaders discuss how to optimise network assets in the changing energy landscape ConferenCe Asset PerformAnCe CoPerniCus siemens Top performance T he fact the UK has such a safe and reliable energy system is testament to the physical assets that underpin the energy infrastructure of the gas and electricity networks. The vast majority is several decades old, with a life expectancy of at least the same again. Despite a sound track record, it is no longer enough to maintain the status quo with a lick of paint or a like-for-like replacement. Instead assets that were built in a bygone era must meet the complex demand matrix of cutting edge technology and increasing customer demands, a continuing programme of repair and replacement, and a rapidly changing climate, set in the framework of a constant pursuit of value for money. Delegates gathered in Birmingham at Network's inaugural asset performance conference last month, sponsored by Siemens and Copernicus, to hear from a diverse mix of experts from across the industry, but their views on the trajectory towards improved asset performance are consistent; innovation and data are key. Big-name projects such as My Electric Avenue and Real- Time Networks are evidence of the innovation work being undertaken by networks through the funding support of the network innovation KEY POINTS Higher expectations Assets must meet to an increasingly challenging set of criteria Innovation is critical but must be balanced between long and short term Data is key But proving the business case for its collection is hard Consequence Intervention is likely to be driven by consequence than by asset health in the future It's not just the physical Networks must content with new assets such as data and constraint contracts Sponsored by: