bba

YOUR CHALLENGES
- Addressing aging assets: the balance between modernization, budgets, and standards
  
  Your energy assets are crucial for the long-term reliability and efficiency of your infrastructure. As these assets age, they face significant challenges, with deterioration increasing the risk of failures that can lead to unplanned outages and costly repairs. As companies shift towards decarbonization and electrification, power systems must evolve to provide new value while maintaining high performance.
  
  The key challenges you face include:
  
  Aging Infrastructure: Key assets, such as transformers and substations, require timely assessments and upgrades for reliability.
  
  Budget Constraints: Utilities must prioritize investments, balancing modernization needs with limited financial resources.
  
  Regulatory Pressures: Compliance with evolving standards drives infrastructure improvements for environmental and safety goals.
  
  Grid Modernization: Integration of renewable energy and management of electric vehicle adoption.
  
  Risk Management: Essential for forecasting failures and optimizing asset lifecycles, emphasizing predictive analytics for system stability.
  
  At BBA, our work evolves with your needs, helping you keep equipment and operations safely working now and finding innovative ways to improve them for the future.
OUR EXPERTISE
- We co-create value with our customers: optimizing energy asset performance and reducing costs
  
  We are the trusted partner companies choose to mitigate risks, avoid breakdowns, and ensure customer satisfaction—all while keeping capital and maintenance investment plans front of mind.
  
  We have helped industry-leading clients around the world, including:
  
  Power Utilities
  
  Energy Service Providers
  
  Commercial and Industrial Organizations
  
  Our team of engineers, statisticians, data scientists, and management consultants enhances your strategic and on-the-ground decision-making
  
  testing. Our frameworks are proven in regulatory proceedings and support continuous improvement initiatives, ensuring that your infrastructure delivers long-term value and performance. We provide value at every stage of your asset management journey, scaling and adapting our approach to your pace.
- Energy asset analytics
  
  BBA's approach to power asset management leverages advanced analytics to offer real-time insights into asset health and performance, helping predict failures and support strategic investment decisions. By adopting this proactive method, we assist clients in improving operational efficiency, minimizing risks, and ensuring long-term sustainability. This approach also ensures compliance with evolving regulatory and environmental standards, helping our clients navigate industry changes effectively.
  
  Development of Health Index and Asset Condition Assessment frameworks
  
  Implementation of life-cycle and risk-based analytics
  
  Real-time condition monitoring and performance insights
  
  Actionable investment recommendations for short- and long-term planning
  
  Grounding and bonding analysis for manholes and vaults
  
  Substation condition assessments (non-destructive testing, drone inspections)
  
  Legacy asset valuation for acquisition purposes
  
  Digital solutions to modernize asset management and enable data-driven decision-making
- Forecasting and failure analysis
  
  BBA's expertise in forecasting and failure analysis helps prepare power systems for future demands by leveraging trends like electrification and regulatory changes. We create custom models that integrate seamlessly into system planning, focusing on long-term load forecasting and failure probability analysis. This approach optimizes asset performance, reduces risks, and supports efficient, reliable operations while ensuring compliance with evolving industry standards.
  
  Custom predictive solutions for system loading, risk, and reliability
  
  Strategies leveraging industry trends (e.g., electrification, regulatory changes)
  
  Seamless integration of advanced forecasting models into system planning
  
  Failure rate forecasting to support strategic, risk-informed decisions
  
  Long-term load forecasting for peak demand, electric vehicles, and distributed energy resources (DER)
  
  Advanced failure probability analysis specialized for systems like underground cables
- Project scoping and evaluation
  
  Our team of experts guides strategic decisions for reliability, asset replacement, and capacity planning. We prioritize projects based on risk, performance, and investment needs, ensuring efficient resource use. By thoroughly evaluating various project alternatives, we help clients optimize long-term infrastructure performance, sustainability, and regulatory compliance. We also provide insights on value frameworks for asset optimization and long-term management, enabling informed, cost-effective decisions throughout the project lifecycle.
  
  Guidance in strategic decision-making for reliability, asset replacement, and capacity planning, including renewable energy integration.
  
  Prioritization of projects based on risk, performance, and investment needs
  
  Support for asset replacement plans and value frameworks for optimization
  
  Comprehensive service model assessment for long-term facility management and sustainability
- Maintenance strategy
  
  BBA develops proactive, risk-based maintenance strategies that minimize unexpected failures, extend asset lifecycles, and lower operational costs. Our approach focuses on timely interventions and compliance with industry standards, enhancing system resilience and supporting the sustainability of power assets. Recognizing budget constraints, we prioritize cost-effective solutions that also address the need for grid modernization to integrate renewable energy and electric vehicles, ensuring long-term operational success.
  
  Development of tailored, risk-based maintenance strategies to minimize costs and downtime
  
  Focus on reliability-centered maintenance (RCM) and compliance with safety standards
  
  Proactive maintenance planning through asset health assessments and predictive insights
  
  Safety risk mitigation for substations, manholes, and vaults
  
  Substation structure maintenance recommendations using advanced techniques (non-destructive testing)
- Regulatory compliance support
  
  BBA's deep understanding of regulatory requirements ensures that power assets comply with evolving industry standards, mitigating risks of fines and operational disruptions. By fostering alignment with regulations, BBA enhances system reliability and safety while promoting innovation through the integration of advanced technologies. This approach keeps companies informed of their legal obligations, supporting long-term operational success and enabling clients to navigate a dynamic regulatory landscape while advancing sustainable practices.
  
  Guidance through regulatory processes, audits, and third-party reviews
  
  Comprehensive asset lifecycle optimization, offering strategies to extend asset lifespan and manage refurbishment options
  
  Support in navigating industry standards and securing regulatory approvals for infrastructure upgrades
- Risk advisory
  
  BBA helps organizations effectively mitigate risks by integrating power asset management, climate adaptation, and digital transformation. Our approach bridges the gap between corporate strategies and operational execution to enhance resilience, support decarbonization, and facilitate smart grid implementation. With decades of expertise, we help utilities navigate emerging risks and optimize energy infrastructure for long-term sustainability.
  
  Enterprise risk management for utilities
  Climate adaptation and disaster recovery
  Smart grid strategy development<
  ESG and decarbonization initiatives
  Asset management and optimization
  Energy load analysis and resilience planning
  Digital transformation for data and asset management
- Policy & planning
  
  BBA’s team of seasoned policy and regulation experts stays at the cutting edge of energy developments, offering strategic consulting to help utilities navigate complex and ever-changing regulatory landscapes. We offer tailored insights, design customer engagement programs to inform investment planning, and support utilities with third-party witness reports, prudency reviews, and peer benchmarking. Our expertise ensures clients are well-equipped for rate applications and securing non-regulatory funding, helping them align their operations with evolving regulations and customer needs.
  
  Cost of service applications
  Asset management plan development
  System reliability forecasting models
  Regulatory witness reports and testimony
  Investment planning and business case development
  Strategic review and planning for utilities
  ISO 55000-compliant asset strategies
  Audit and assurance services for capital projects
GO-TO CONTACT

Meet our Energy Asset Management Experts

Let's talk together
1. Robert Otal
  
  SENIOR ADVISOR, ASSET MANAGEMENT
2. Alex Ferguson
  
  DIRECTOR, ASSET INFRASTRUCTURE AND ADVISORY SERVICES