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Insight to Action – Grid Analytics Journey

December 14, 2023 @ 11:00 am - 12:45 pm

Exelon’s Infrastructure and Safety Analytics team is helping develop analytic insights to support Distribution, Transmission, Operation optimizations to drive reliability, resiliency, cost benefits for grid investments and enhancing organization safety by moving from lagging to leading indicators. This webinar will focus on a T&S Advanced Analytics project, to showcase the importance of investment during project ideation on adoption strategy, creating actionable insights, empowering business/ engineers to lead and take active role in analytic projects, how to identify change management and external dependencies upfront as part of analytics prioritization. Utilities have been heavily reliant on subject matter knowledge in the last century to drive preventive maintenance (PM) program and schedule PM for a variety of assets. Our engineers are experts in the industry and have leveraged their and industry knowledge of asset measurements and inspection results to manage these programs, however, as human beings, we are limited in terms of considering a variety of factors and assessing the distribution of each factor. This is where data driven approaches shine and enables subject matter experts with checking million to billion combinations to come up with the best model to predict future. These models can then be used to supplement engineer knowledge, and support industry-wide acceptance of a systematic approach to transition to condition-based maintenance programs. The latest model was validated against business-as-usual to provide 85% accuracy using success criteria developed for this project. PECO’s team is quantifying and confirming the benefits of the model output to extract technical and data science success, including that the model can be used in the real world for “what would we do differently”. Co-sponsored by: Alan Ott, PES Chapter Chair Speaker(s): Po-Chen Chen Agenda: Download The Flyer Linked Below in the MEDIA Section for Complete Details and Event Meeting Link. Instructors: – Po-Chen Chen – Exelon Seminar Outline: 11:00 am to 10:10 am Opening Remarks 11:10 am to 12:30 pm Insight to Action – Grid Analytics Journey 12:30 pm to 12:40 pm Question and Answer 12:40 pm to 12:45 pm Chapter Announcement IEEE membership is not required to attend this seminar. Virtual: https://events.vtools.ieee.org/m/387282

Details

Date:
December 14, 2023
Time:
11:00 am - 12:45 pm
Website:
https://events.vtools.ieee.org/m/387282