Asset Life Optimisation Forum

Day 1 - Tuesday 27 February 2018

Registration And Refreshments


Chairman’s Opening Remarks

Chris Smith, Generation And Asset Management Director, RES Group

Asset Management Strategies For Investments In Technical Assets


PANEL Of Investors' Perspectives: How Can We Better Understand Wind Farms As A Unique Financial Instrument?

  • What are the major concerns in managing large scale portfolios of wind and other renewable assets?

  • How can you grow your portfolio sustainably to avoid over extending your capabilities too quickly

  • Where does the business case lie for wind farm asset management?

  • What are investors looking for in terms of returns and the day to day operation of their assets?

  • How can we increase revenues of an entire portfolio through small tweaks in operational strategy?

Chair: Gordon Johnston, Director Of Asset Management, Allianz Capital Partners

Panel Participants:

Javier Serrano Alonso,  Asset Manager, GreenCoat Capital 

Andrea Perduca, CEO, Renvico Renewable Energy

Matthew Walsh, Asset Management Director, Octopus investments

Sergio Martinez, Energy Specialist, European Investment Bank

Optimising The Decision Making Process For Lifetime With Recommended Standards And Certifications


ISO55000: Common Misconceptions

  • A high level overview of the ISO55000 standard
  • Our experience of areas of the standard that are commonly misinterpreted
  • Explanations of what these commonly misinterpreted areas really mean
  • A case study of our experience in the renewal energy sector in managing High Voltage Assets.

Andrew McHarrie , Principal Consultant, EA Technology


Networking Break And Morning Refreshments


Raising The Value Of Your Asset Using Strategic Decision Making For Lifetime: Potential For Life Extension 

  • Why you need good data and quality engineers to make informed decisions

  • What are the cost benefits of repairing something now rather than later?

  • How to benchmark your wind farm against the industry and knowing where to invest using industry data initiatives

  • How can the industry be more proactive to potential failures than reactive to the problem as it happens?

  • Putting more emphasis on realising the potential for life extension and considering this during the development/design stage    

  • Considering long term benefits to turn upgrading, retrofitting and repowering into a strategic decision

    • Can repowering early be more beneficial for some sites as opposed to others?

  • What are the benefits of involving the operations team early on in the construction phase for optimal knowledge of the asset?

Owen Murphy, Engineering Manager, ORE Catapult


CASE STUDY: Decision Making On Life Time Optimization

  • How the asset owners perspective on optimizing the wind assets has changed, and will further develop
  • Special considerations for extracting the maximum value from the wind farm over the full life time of the asset
  • Merchant risk and how it makes the asset managers job of optimising the asset more complex
  • Getting costs down and performance up and how larger asset holders are taking new perspectives on their assets

Lars Holm,  Associate Director,  Boston Consulting Group

Lowering Your Risk And Cost Profiles Using Advanced O&M Processes


CASE STUDY: Risk Managing Your Portfolio By Using Advanced Maintenance And Downtime Strategies

  • What maintenance tactics and operational efficiencies can be achieved for less downtime, more uptime and greater production/revenue?

  • How to optimise maintenance strategies to deal with recurring systematic failures more efficiently

    • How to increase weather windows for repairs

    • How to monitor various problems

    • Getting annual service down on a realistic schedule

  • Knowing the cost benefit of carrying out certain repairs now over others

  • Why you need to know the optimal OPEX budget for your windfarm

  • Finding a downtime strategy and the right O&M teams to manage your assets

  • How can you ensure proper management and what to look for from your O&M teams to hit your targets?

Giacomo Barbieri , Production Optimisation, ERG Power Generation  


Networking Lunch


CASE STUDY: Reduced OPEX Through Standardized Failure Mode Analysis

  • How can we reduce Operational Expenditures by standardizing the reference structure and terminology in the Failure Mode, Effect and Criticality Analysis (FMECA)?

  • The benefits of implementing the RDS-PP structure in the FMECA.

  • How can failure Mode, Causes and Mechanics be standardized?

  • Learnings from the Oil and Gas industry that could be implemented in the Wind industry.

  • How will a common failure database across operators have a positive influence on OPEX?

  • What influence will it have in regards to monitoring capabilities and what is the planned next step?

Niels Christian Lind Frandsen, Senior Engineer - Asset Management, CREADIS


Enabling Informed Decision Making With Predictive Analytics

  • How can predictive analytics support decision making in asset management?

  • OPEX reduction by: selection of adequate maintenance strategies and improvement of planning of maintenance timing, logistic and resources

  • Revenue increase: increase of availability, minimization of production loss and detection of underperformance

  • Risk mitigation: reduced exposure of maintenance personnel and avoidance of consequential damages

Fabio Wagner,  Head of WindCenter,  Steag

Extrinsic Industry Experience, OEM Relationships And The Changing Market


Case Study: Cognitive Asset Optimisation

  • Application of cognitive technologies such as AI, machine learning, visual analytics
  • How can cognitive technologies be used to optimise the way wind assets are managed, operated and maintained across the life-cycle.

Biren Gandhi,  Global Work & Asset Optimisation and Renewable Energy Solutions Leader, IBM Global Energy 


Networking Break And Refreshments


PANEL: Improving The Relationship With Your OEM For Better Serviced Contracts, A More Collaborative Approach And Information Sharing

  • How to negotiate new agreements with your OEM and getting out of your OEM contract early to optimise

  • Ensuring you benefit from technological advances with your OEM agreement

  • Being more site specific in contracts for better results and services

  • The need for having a maintenance strategy in the contract for the lifetime of the asset

  • Calculating the cost benefit of handling your own equipment and creating your own contracts

  • What can be learnt from the aerospace, aviation and transportation industries on equipment contracts and relationships with service providers?

  • What is the value proposition that the developers or owners are assuming that they can harvest out of warranty contracts?

  • How to hold on to your service contracts as an OEM

  • What do the customers want over the lifetime of the asset?

  • How OEMs are offering longer and bigger service packages with upgrades whilst optimising the contract for your specific clients

  • What constituteS retrofitting and will it become part of service contracts?

Chair:  Chris Smith,  Generation and Asset Management Director, RES Group

Panel Participants;

Mark Gilmore, Senior Wind O&M Manager, ENGIE

Lars Holm, Associate Director, Boston Consulting Group

Angus D'Arcy-Drake, Maintenance Development Manager, Innogy


Windfarm Optimisation – Early Lessons for the Industry

  • Summary of outcomes from optimisation assessments of 50 wind farms
  • Performance enhancement measures showing most promise
  • Life extension measures and potential lifetime gains
  • Interactions between performance optimisation and lifetime extension
  • Establishing the optimum approach and ensuring effective delivery
  • Examples of project value gain through optimisation

David Robb,  Director of Optimisation Services,  Wood


Speed Networking

Realising the importance of connecting with your peers, we organised a moderated networking session where delegates are prompted to meet others in brief 3/4 minute rounds. The moderator will be keeping track of time and announcing participants when to switch partners.

Make sure you bring lots of business cards along with you!


Chairman's Closing Remarks

Chris Smith,  Generation and Asset Management Director, RES Group


End Of Day 1


Contribute as a speaker?

Dominic Coyne, Conference Producer
t:  +44 (0)20 8267 4208

Interested in sponsoring?

Warren Wilkinson, Account Manager
t:  +44 (0) 20 8267 4097

Group booking?

Hari T, Head of Delegate Attendance
t:  +44 (0) 20 8267 4203