Industry
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 grid strategy.
Industry
As grid investments grow, so do stakeholder expectations. We help you assess funding trade-offs and develop an optimal grid strategy.
Grid capital planning is more challenging than ever: Significant load growth, expanding renewables penetration, increasingly frequent environmental events, and the need to enable the energy transition while meeting more stringent requirements for safety, reliability, and low cost are just some of the daunting factors to consider.
Traditional approaches, such as software-centric solutions or siloed plans based on asset or category, are no longer sufficient. And “take it or leave it” plans are unlikely to gain approval without extensive data analysis and the ability to clearly articulate the tradeoffs and rationale.
Instead, utilities need a holistic, capital-efficient plan that meets the needs of customers and fits their overall strategy, one that rethinks the end-to-end planning process and addresses circuits, substations, and lines, not to mention increased regulatory scrutiny.
Our proprietary, battle-tested approach ensures seamless integration of your grid strategy into your investment plan. It fosters powerful synergy between your teams and data, optimizing grid investments across the asset lifecycle and enabling the development of new capabilities instead of industrializing old ones. And we help you get results fast: Just six months or less from the initial assessment of value at stake to the formulation of an investible annual plan.
We’ll also help you set a new standard in executive decision-making, enabling you to link overall strategy to customer-centric outcomes and develop capital scenarios more quickly than ever. We have successfully partnered with top investor-owned utilities to develop and secure regulatory approval for grid capital plans that significantly enhance the overall customer experience and which can be integrated into your existing work management system.
reduction in the duration of customer outages
increase in outcomes for the same CapEx
approval of funding requests in rate cases
reduction in maintenance expenses
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.