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Electricity Transmission
Project Details
Documents
Ideas for future projects?
Mar 2013
Electricity Transmission
SALVO
Reference:
Status:
Live
Start Date:
Mar 2013
End Date:
Unknown
Funding Licencee(s):
National Grid Electricity System Operator
Contact:
National Grid TO Innovation Team
Click here to send a question to the contact.
Funding Mechanism
Innovation Funding Incentive
Research Area:
None
Core Technology(ies):
Gas Distribution Networks
Estimated Expenditure:
£271,000.00
Introduction:
Asset management is a core capability for National Grid to enable optimal management of its assets across the whole life cycle. National Grid is committed to enhancing its asset management capability. It was the first utility in the world to gain BSI PAS 55 certification and is actively involved in developing asset management practice both internally and externally e.g. through leading and participation in Institute of Asset Management projects. National Grid sponsored and was an active contributor to the MACRO project and has extensive experience both developing and using asset management decision support tools.
Objectives:
SALVO is a project to research and develop innovative approaches to decisionmaking in the management of mature assets. SALVO aims to develop simple, flexible and practical guidance and tools for determining what to spend and when in common, yet critical, decision scenarios.
Related Links
National Grid Innovation Page on Jul 17, 2013
http://www.nationalgrid.com/corporate/About+us/innovation
National Grid Innovation Funding Incentive and Annual Report(s) on Mar 14, 2013
http://www.nationalgrid.com/uk/Electricity/Info/IFI/