Asset management is a set of systematic and coordinated activities and practices through which an organization optimally and sustainably manages its asset and asset systems, their associated performance, risks and expenditures over their life cycles for the purpose of achieving its organizational strategic plan.
An asset management system is the embodiment of the asset life cycle starting from asset planning, creation, utilization, operation, maintenance, and to the extent of, the retirement and disposal of the asset. It consists of the organization?s asset management policy, asset management strategy, asset management objectives, asset management plans and the activities, processes and organizational structures necessary for their development, implementation and continual improvement.
The scope is limited to the DC plant/equipment side of the HVDC system including related AC components of the HVDC converter station. This document covers all equipment of HVDC converter station and electrode station but does not include DC lines and cables.
This document covers HVDC systems with Line-Commutated Converters (LCC) and can be generally applied to Voltage Sourced Converters (VSC), not including specific equipment or sub-equipment required under VSC.
This document on asset management covers:
- a) policy and strategy;
- b) training;
- c) information management;
- d) change management;
- e) life-cycle costing;
- f) tools;
- g) performance monitoring and measurement;
- h) documentation, operation and maintenance; and
- i) risk management.
This document provides base guidelines on fundamental aspects and prudent practices to be considered by stake holders in managing HVDC assets. Compliance to additional requirements and recommendations stipulated in this document by the supplier or OEM are non-obligatory, unless explicitly specified by the customer.
Cross References:
IEC 60633:1998/AMD1:2009
IEC 60633:1998/AMD2:2015
IEC 60633:1998
PAS 55-2:2008
ISO 55001:2014
IEC TS 62672-1:2013
IEC TR 62757:2015
PAS 55-1:2008
ISO 55002:2014
All current amendments available at time of purchase are included with the purchase of this document.