Development and Implementation of an Effective Asset Management Program at Ontario Power Generation Nuclear

Abstract

Ontario Power Generation Nuclear (OPGN) has improved the Asset Management program that will support effective decision-making for the long-term management of station assets. In using existing actions identified in Condition Assessments and Life Cycle Plans to provide the technical basis to support investments, coupled with benchmarking from other nuclear utilities, OPGN is in the process of defining an optimal integrated Asset Management process. To support this initiative, OPG has adapted the Integrated Life Cycle Management (ILCM) software developed by the Electric Power Research Institute (EPRI) and Copperleaf C55 to help better define asset end-of-life (EOL) that will allow for investment optimization based on risk. Results generated from ILCM are transferred to C55, along with other information within Life Cycle Plans, Condition Assessments, Cash flows and Risk information. C55 will be used to optimize investments to help manage the long-term needs and to help determine an optimum replacement or refurbishment time.