Measuring risk to plan capital expenditures
By Emanuel DaRosa, Vice President Power Systems, Thunder Bay Hydro
When I took over as Vice President Power Systems at Thunder Bay Hydro last year, I wanted to develop a risk-based approach to capital expenditure planning for our electrical distribution network. This would help us extend the life of our equipment and provide reliable service to our customers, while reducing risks to people and the environment.
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Successful Risk Management and Capital Planning at Nova Scotia Power
By John Hawkins, Manager Hydro Production, Nova Scotia Power
The Hydro Production Business Unit of Nova Scotia Power has in excess of 200 oil systems located in 34 generating stations. We needed to a tool to measure the risks associated with the current system, to develop and prioritize a multi-year capital program to reduce the risks.
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