Grid Capital Planning
Grid Capital Planning
As grid investments grow, so do stakeholder expectations. We help you assess funding trade-offs and develop an optimal strategy.
Utilities across the globe face the challenges of investing capital to replace aging infrastructure, improve reliability, become more resilient to climate change, and accommodate the shift to electric vehicles (EVs) and renewable generation. These evolving demands have shifted billions of dollars of capital into the electric grid, making investment planning more critical than ever.
Despite the growing importance, traditional approaches to capital planning are often insufficient, resulting in plans that focus too heavily on optimizing individual assets rather than making the greatest impact on key objectives across the full grid (reliability, resiliency, energy transition, etc.). Utilities need to take a more holistic approach to grid modernization that maximizes capital efficiency, minimizes customer disruption, increases smart grid investment opportunities, and achieves critical goals.
Our differentiated approach supports your investment plan from start to finish. First, we partner with you to define your grid strategy and translate it to clear, customer-centric objectives. Next, we define a standardized set of investment packages that you can apply across your network. Then we build investment scenarios, using our proprietary optimization tool to develop a strategy that achieves your objectives within any constraints of time, capital, or labor. This state-of-the-art tool makes it easy to evaluate trade-offs and pick the optimal plan for your goals.
reduction in SAIDI
increase in EV-enabled circuits
reduction in O&M cost per customer
Our approach provides transparency in investment selection and expected outcomes, allowing you to share a clear, customer-centric story with customers, regulators, and other key stakeholders. We work with your team to ensure efficient execution, focusing on supply chain readiness and field crew optimization. Beyond your current plan, we can also work with you to build a repeatable capital production process by aligning the operating model and embedding new tools and capabilities across your organization.
Achieving higher reliability, resiliency, EV-enablement, and net-zero ambitions is all possible with our end-to-end approach. Let us help you make the most impactful investments for your customers. From strategy setting to plan execution, we have the expertise you need to make a lasting impact on your grid operations.
Plan at the circuit level and optimize across multiple objectives so you can assess trade-offs and make informed decisions.
Complete work on the same circuit as efficiently as possible and minimize the number of times assets are touched.
Craft a customer-centric and data-driven story about your plan’s key outcomes to share with regulators, customers, and other stakeholders.
We support you from start to finish and work closely with your team to embed new capabilities and ensure repeatability.
To reach the full potential of your T&D capital production system, you must first integrate your grid strategy with your investment plan. We can help with an integrated, end-to-end approach.