Webinar – The Evolution of Whole Life Cost Modelling and Asset Class Strategies at Manitoba Hydro

Manitoba Hydro is an integrated utility in Canada. They have a number of assets in the electrical distribution, generation, and transmission energy streams, as well as the delivery of natural gas. Travis Lavallee, Head Office Asset Advisor, will focus on how initial approaches to whole life cost modelling were first developed and utilised to create long term forecasts for the major powertrain assets in the generation stream. It will also explore recent developments to integrate these whole life cost models as part of an asset class strategy, making the tools scalable to allow the approach to be used across the fleet of assets to provide meaningful insights at the class level.

 

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About the speaker:

Travis Lavallee, P.Eng, Asset Advisor (Asset Management Division), Manitoba Hydro, Canada

Travis Lavallee is an Asset Advisor for Manitoba Hydro, within the Asset Management Division. His primary responsibilities are to facilitate the development and optimization of strategies and investment scenarios on a range of asset classes within the Transmission, Distribution and Generation energy streams. Previous to his role in Asset Management, Travis spent the majority of his career working on Major Capital Projects at Manitoba Hydro, specifically during the design, procurement and construction phases of Wuskwatim and Keeyask Generating Stations. Travis holds a Bachelor of Science (Electrical Engineering) degree from the University of Manitoba.

Sydney – Asset management and the electrification of assets

Australia is in the middle of an energy revolution.  Energy sources are shifting to renewables, from the bulk end of the supply chain to people’s home solar systems.  The needs of energy stakeholders, the technology available to Ausgrid and our customers and governmental policy settings also evolving rapidly as a result.  The presentation will discuss these changes and their implications, in the context of asset management during the electrification of assets.  Observations will be offered from the perspective of the Capability Delivery Model in terms of stakeholder needs, business objectives, systems engineering, acquisition, operations & maintenance, configuration management and continuous improvement.

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About the speaker:
Matthew Webb, Head of Asset Investment, Ausgrid

Matt has over 30 years experience in managing all aspects of using power systems to meet customers’ electricity needs, including network planning, asset management, regulation and field management.

As Head of Asset Investment, Matt is responsible for Ausgrid’s long-term electricity network investment needs and opportunities in a rapidly changing operating environment.  This includes applying asset management and other techniques to:

  • Understand changing customer priorities and how Ausgrid will adapt services to meet customer needs and adoption of new technologies.
  • Transform network services through innovation and new capabilities needed to manage complex network power flows and deliver efficient renewables hosting capacity.
  • Unlock value of customer DER assets and load flexibility to achieve a reduced overall energy cost for customers and improved network utilisation.
  • Ready the network to enable the needs of our customers and stakeholders safely, efficiently and equitably, to facilitate a net zero future.

Matt is an Honorary Professorial Fellow at the University of Wollongong, as well as being Ausgrid’s senior representative and a member of the Research Advisory Committee (ReAC) to the RACE for 2030, a national industry led cooperative research centre.