Linked closely with power generation but very diverse in its needs, Covaris has a rich history in Transmission and Distribution. This industry has made a decisive shift to pure Asset Management thinking which has resulted in the development of condition-based asset management planning. Unlike most industries, Power Distribution and Transmission have slow degradation rates in their asset baseline.
However, the environmental conditions can have a significant variance to the degradation curve when comparing “like for like” across the asset fleet. Hence, condition-based decision making must be backed up by not only accurate data (such as condition monitoring, smart meter data etc), but it must also be supported by a mature process which gathers this information through good work management processes.
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