Projects: Projects for Investigator |
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Reference Number | NIA_NGN_157 | |
Title | Analytical Approaches to Asset Management | |
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 Northern Gas Networks |
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Award Type | Network Innovation Allowance | |
Funding Source | Ofgem | |
Start Date | 01 February 2016 | |
End Date | 01 July 2016 | |
Duration | 5 months | |
Total Grant Value | £293,040 | |
Industrial Sectors | Technical Consultancy | |
Region | Yorkshire & Humberside | |
Programme | Network Innovation Allowance | |
Investigators | Principal Investigator | Project Contact , Northern Gas Networks (100.000%) |
Web Site | http://www.smarternetworks.org/project/NIA_NGN_157 |
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Objectives | The challenges that have been identified are long standing, complex and industry wide. Therefore the first phase of this project will be focused on understanding the ‘art of the possible’ i.e. what would the concept of a solution look like. The combined NGN / alliance team will have unique insights into the specifics of the challenge (NGN) and the latest thinking in the application of analytics (alliance). At the end of this phase, the combined team will be able to share insight into whether an opportunity exists, and if so, an indication of the size of the prize, route map and risks.
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Abstract | The scope of the project is to use the skills, experience, approaches, methodologies and advanced modelling techniques from an alternative high performing area of asset management (KPMG / McLaren) working with NGN to examine the areas of challenge and opportunity outlined in the “Problem” section above for potential benefits. In this project we are investigating approaches from outside of the gas industry to determine whether or not these are not only transferable but will help us address some gas industry challenges. Note that this list may not be exhaustive and will be further refined and defined in the early stages of the project. Our current approaches do not sufficiently address certain areas of network management requirements, risks and uncertainties, for example: - Uncertainties around point demand forecasts and how these may be addressed Optimisation of asset investment decisions based on asset health is primarily based on subjective rather than data driven insight. Knowledge mostly resides in the minds of the experienced asset planners, a demographic who are nearing retirement. How could this risk be addressed? Untested failure curves for assets that cannot be allowed to fail. Could the broader impact of variable pressure management in the network on investment decisions be more clearly defined? Are there alternative methods for managing infrequent high-demand scenarios? The methods to be used are developed around themes that underpin high performance in Formula 1. Insights from simulation: Constrained budgets and limited testing time have made modelling and simulation critical to Formula 1 success. Winning culture: Winning performance is delivered by highly motivated individuals working together towards common goals. Planning to win: Augmented decision support through visualisation and prescriptive analytics. Rigorous execution: Execution against robust plans is critical: everyone knows what is required of them and planning has considered individuals’ capabilities. These elements are all interlinked, however, they are grouped into four themes. These themes are used as lenses to explore hypotheses and concepts. This focused attention enables exploration of "art of the possible" for hypotheses and concepts before pulling them all together to develop an integrated concept, value case and implementation plan. In order to co-ordinate the activities in each of the themes there will be a mission control. Mission control will have accountability for the development of the concept(s). The key role of mission control is to balance delivery risk with ambition. Note : Project Documents may be available via the ENA Smarter Networks Portal using the Website link above |
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Data | No related datasets |
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Projects | No related projects |
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Publications | No related publications |
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Added to Database | 26/04/18 |