Understanding the health of equipment is a growing challenge as assets age and use patterns change. Nova Scotia Power tackles that challenge with a quality risk profile, compiled from predictive and preventive maintenance information, equipment surveillance records, and health assessments. By collecting data typically spread across different parts of the organization, they can see the details they need to drive the right steps for improvement. Using Meridium to integrate all the elements of good asset management is a key strategy for Nova Scotia Power.
Challenges & Issues
- Understanding the health of their equipment
- Aging assets with changing utilization
- Advisories, recommendations, root cause analyses and engineering actions managed on a plant-by-plant basis
- Difficulties in managing asset issues in an effective and transparent manner including the potential for errors
Nova Scotia Power identified the need for an asset performance management system capable of gathering fleet-wide predictive and preventive maintenance, equipment surveillance, engineering and reliability actions together to administer health assessments and drive quality risk profiling for the identification of appropriate mitigating actions.
Previously, Nova Scotia Power relied on plant expertise and local knowledge to understand asset health on a plant-by-plant basis. Meridium now helps to deliver the diagnostics, maintenance strategy, and information management to understand, with a higher level of confidence, the condition of Nova Scotia Power assets fleet-wide, delivering consistency to their equipment health assessments and fleet risk profiling. This information layer is something the company sees as absolutely critical to the management of their equipment assets.
"When asked to explain what Meridium does for us, I like to talk about how it brings all our data together in a usable form. This information layer is absolutely critical for us."Rob MacNeil Nova Scotia Power