Asset Investment Planning Suite for Natural Gas Utilities - Oil, Gas & Refineries - Gas
Aging infrastructure, decarbonization goals, new technologies, and Environmental, Social, and Governance (ESG) commitments are changing the way natural gas utilities allocate money and resources. Increased investment is required to maintain and upgrade assets to meet performance levels, satisfy regulatory demands, and build resilience in the face of climate change—while continuing to deliver safe, reliable, and affordable energy to customers. To thrive in this environment, utilities must strike the right balance between cost-effectively managing business-as-usual activities and investing for the future.
How can you be confident you’re making the best decisions that deliver the greatest value and drive your strategic goals?
Copperleaf® has been working at the forefront of asset management best practices for more than 20 years, delivering best-in-class decision analytics solutions to many of the world’s leading utilities. By developing frameworks to evaluate all investment options on equal footing, we make it easy for clients to compare dissimilar projects—from those designed to meet KPIs related to operational safety, system reliability, and customer satisfaction, to investments in growth or emerging technologies—and create plans that are transparent, defensible, and aligned with strategic objectives. The Copperleaf Decision Analytics Solution can help your organization identify the optimal investment strategy and dynamically adapt plans in the face of unprecedented change and uncertainty.
Delivering the highest value means doing the right projects at the right time. This is no easy task for organizations that deal with hundreds of potential investment options, with multiple alternatives and start dates to consider.
Copperleaf’s AI-powered optimization can evaluate the vast number of possibilities and identify the optimal plan within minutes. Sensitivity analysis can easily be performed to explore the impact of different funding, timing, and resource constraints on value and risk, and build a realistic, deliverable plan to achieve your strategic goals.
The impacts of climate change are growing and utilities are under pressure to demonstrate that they are making the right investments at the right time. This playbook explores three ways asset investment planning software can support highly effective capital planning to achieve utility climate resilience.
As your business environment changes, new tactical and strategic priorities emerge. Copperleaf makes it easy to quickly run what-if analyses to explore various investment strategies, build consensus, and align investment decisions with new strategic priorities.
Copperleaf enables a continuous planning process by highlighting variances between planned and actual performance. No matter what twists and turns arise during execution, you’ll be able to re-optimize plans, communicate and defend any changes to stakeholders, and adapt quickly to maintain optimal business performance.
As ESG and net zero continue to rise in importance, utilities are leveraging decision analytics to achieve these goals efficiently and cost effectively. This Utility Week report explains how the Copperleaf Value Framework can be developed and deployed to underpin better decisions on where to invest. Download this report to explore how decision analytics can help you achieve your ESG and net-zero goals.
Drive your ESG strategyCopperleaf helps organizations turn aspirational ESG objectives into action by offering a practical way to incorporate ESG metrics into everyday decision making. By expanding your assessment of project value to include impacts on ESG, you’ll be able to:
- Understand how each investment contributes to ESG performance
- Build plans that meet short- and long-term commitments
- Make trade-off decisions that balance business-as-usual and ESG goals
A common problem for organizations managing large networks of linear assets is ensuring that all urgent and future work required in a specific area is being considered. Doing so helps minimize service outages and reduce costs by ensuring the work makes efficient use of time, labor, and equipment. In this article, Ian Coates, Asset Strategy Lead at Northern Gas Networks describes the benefits of Rules-based Grouping—a capability within Copperleaf Asset™ that allows users to apply configurable rules to automate the process of bundling project work.
Many organizations still rely on a modeled view of asset risk and intervention strategies, which can lead to a disconnect between the plan and the projects that are actually delivered. Copperleaf helped National Grid Gas Transmission (NGGT) integrate bottom-up asset strategies with top-down project portfolios and align with ISO 55000 best practices. The Copperleaf solution will help NGGT deliver its business plan as cost-effectively as possible, contributing to a 4% efficiency on capital expenditure, saving £11 million per year.
Multi-sector asset investment planning at RNGRheinische NETZGesellschaft mbH (RNG) manages over 30,000 km of distribution networks for electricity, gas, water, and district heating in Germany. The Copperleaf Decision Analytics Solution is helping RNG manage risks and project portfolios across multiple networks and asset owners, and align its Asset Investment Planning and Management (AIPM) processes with the ISO 55000 asset management standard.