Safegrid recently participated in the 11th Global Asset Management Forum for Distribution System Operators, held in Budapest. The event was a significant gathering for industry professionals, offering a platform to discuss grid performance and resilience. Safegrid’s VP of Sales, EMEA & APAC, Klaus Ola, presented on predictive asset management through case studies, emphasizing innovation in the sector. Additionally, Ola moderated a panel discussion on digitalization strategies in network planning, which sparked engaging discussions on the future of grid management. Klaus Ola and Rajiv Oberoi represented Safegrid at the two-day exhibition, utilizing the event to connect with utility companies and industry leaders, fostering valuable networking opportunities.
A few key insights emerged from the discussions. There are some noticeable gaps between necessary investments and available funding, where Safegrid’s Intelligent Grid System®, could assist by facilitating condition-based asset management. Additionally, while congestion and the green transition are currently top priorities, enhancing the integration of internal O&M data could help shift from time-based to condition-based investment schemes. Safegrid’s Intelligent Grid System®, presents a cost-effective alternative to underground cabling, offering similar operational benefits with a smaller investment.