2020 PES GM 8/4 Panel Session: Advanced Data Analytics for Power Asset Management

This panel will cover state-of-the-art data analytics methods with a special focus on asset management work for power systems. Power systems are asset intensive. Under the current regulations, asset management has become one of the most critical core functions for electric utility companies. The industry is encouraged to make the most cost-effective decisions for asset diagnostics, maintenance, configuration and planning. On the other hand, in today’s big data era, a large amount of data is being generated from power system assets via various inspection, testing and monitoring devices and activities. Almost all utility companies are trying to leverage the use of big data and advanced analytics for asset management optimization in order to balance system reliability, performance and cost.
This panel will present research developments in this important field. Diverse experts from both academia and industry are invited.