Weidmann-ACTI Conference

Paul Boman, TOGA Program Director

Hartford Steam Boiler Inspection & Insurance Co.

Meet my Enabler, Phil

Asset Management Decisions

n

Asset Value
n

n
n

Age
Business Model
n

What is it Worth in Terms of Revenue

Company A different risk appetite than

Company B

Financial Arrangement

NERC Comments on Reliability

n

Interesting Comment by NERC about

standards
n

This voluntary arrangement is no longer

adequate

NERC Reliability Assessment 2002-2011 Oct. 2002

Communication
-

Communication
n
n
n

Data or Information?
To Whom?
Key Pieces

DATA Management, Then

TOGA Database

Customer

TOGA

Laboratory

DATA Management NOW

TOGA Program

Owner

Laboratory

Transformer Failures
n

Failures Rates Reported .5% to 3%

n

Varies greatly by Region and Company

TOGA Failure Rate over 3-year Period

n
n

All Causes .18%

TOGA Effective Causes .013%

Frequency Vs. Severity

n

Frequency
n

Transformer #1 Source of Claims

Severity
n
n

Total Gross Occurrence

Can Include
n
n
n

B/I calculated by ADV

Consequential Damage like food spoilage
Collateral Damage

Frequency Vs. Severity

Ref-W. Bartley Doble Conference Paper 2000

Frequency Vs. Severity

Airplane Accident

Car Accident

Ref-R. Jones, 1999

Part of the Solution

n
n

n
n

Timely Predictive Maintenance

Needs properly scheduled sample
frequency
Timely accurate results
Timely Follow-up on Recommendations

Why the Difference?

n

Follow-up on Questionable Results

n

Changing Condition
n
n
n
n

Increased Sampling for monitoring

Testing
On-line monitoring
Repair/Replacement

Identify Stable Condition

n

Monitor as Needed

What Question am I Asked?

What Question am I Asked?

Phil is Leaving

Typical Failure Rate Model

Age at failure

49

46

43

40

37

34

31

28

25

22

19

16

13

10

0.80
0.70
0.60
0.50
0.40
0.30
0.20
0.10
0.00

Insurance Companies
n
n
n

Evaluate Assets for Risk

Normally based on Location/Occupancy
Based on Historic Losses not on Future
Savings