Utilities are treating their EMS as the core, mission critical asset needed to properly monitor the power system grid. DNV GL has assisted utilities with the planning, procurement, and implementation of their new or upgraded EMS for several decades.
Optimizing EMS upgrade strategies
DNV GL helps utilities develop a business case to support the timing of an EMS upgrade by developing financial models that include a set of “uncertainty issues.” For example, future RTO/ISO requirements, regulatory issues and future growth plans are considered for various upgrade scenarios. The cost and associated risks for performing an upgrade are evaluated for each of these scenarios to provide a more informed basis for upgrade decisions.
This EMS upgrade assessment process is particularly vital to evaluating upgrade strategies for larger, more complex systems with a high level of customization or interfaces with external systems.
DNV GL offers EMS upgrade assessment solutions to help:
- quantify the costs of delaying the upgrade and the cost impacts as risks change
- understand the impacts on staffing and schedule durations
- assesses current factors impacting EMS decisions
- identify which new features included in a particular release may increase the value of an upgrade in a given year.