Video: ABB launches Asset Performance Management solutions for power transformersEngineering360 News Desk | February 25, 2020
ABB’s Power Grids business has launched its Asset Performance Management (APM) Edge solution for transformers to accommodate the growing complexity of grid operations to safeguard energy reliability and resilience and reduce capital investment and operational expense.
Based on ABB’s field-proven APM technology, which currently monitors 1.3 million assets in production around the globe on a continual basis, APM Edge delivers unique, real-time data to power producers and users on the current and future operational health of their transformer assets. This offers actionable intelligence to inform capital investment and maintenance strategies while reducing production downtime. These prognostic capabilities, for example, enable customers to more accurately forecast when a critical asset like a transformer is likely to fail and model alternative planning pathways.
As the grid evolves to integrate both greater amounts of variable renewable energy and increasingly popular customer-facing technologies, such as battery energy storage and electric vehicles, critical grid infrastructure components such as power transformers must accommodate shifting energy load patterns and dispatch in a more flexible and responsive manner. These shifts will only grow more acute as global energy demand rises and grid supply and demand dynamics increase in complexity, and as more existing transformer fleets are reaching their designed life expectancy and have inadequate historical operational performance records to efficiently extend their remaining operational life.
Through a deeper knowledge and understanding of their assets, APM Edge allows asset owners to expand transformer availability with lower maintenance costs, transition to condition-based maintenance strategies and better prioritize their capital investments. APM Edge includes condition-based prognostic horizons and risk profiles alongside simulation tools that extend an operator’s monitoring and diagnostic capabilities into the future — from the fleet level all the way to individual transformer assets.
APM solutions have helped users optimize asset lifecycle costs averaging nearly $9 million in savings and increase total asset availability by 15% and labor productivity by 20% in their first year in production alone.