Internationally Recognized Independent Third-Party Organization Recognizes PG&E’s Electric Asset Management Systems
October 19 2021 - 1:48PM
Business Wire
Pacific Gas and Electric Company (PG&E) announced today it
achieved ISO 55001 certification for asset management systems in
electric operations, a sign of progress in the company’s safety
culture. Lloyd's Register, a United Kingdom-based system management
assurance firm, awarded the certification.
Lloyd’s rigorous ISO 55001 evaluation process was more than
three years in the making and included a comprehensive review of
PG&E’s Electric Operations.
“PG&E has taken a stand that everyone and everything is
always safe. And every day, we are making progress on this stand
because it’s what our hometowns and customers expect and deserve.
These rigorous certifications underscore our commitment to safely
delivering reliable and affordable electric service and earning
back trust and confidence in PG&E,” said Joe Bentley, senior
vice president for Electric Engineering.
ISO 55001 is a set of requirements for an asset management
system for managing complex assets focused on value, alignment of
action, leadership and assurance. The certification validates
practices and principles PG&E uses to manage its vast network
of electric operations assets, which includes more than 18,000
miles of transmission lines, nearly 40,000 transmission towers,
millions of distribution poles and nearly 1,000 substations
throughout a service area that stretches from Bakersfield to Eureka
and San Francisco to the Sierra Crest.
The certification mirrors one that the company’s Gas
organization first achieved in 2014 for Gas Asset Management. Since
then, Gas Operations has twice been recertified by Lloyd’s Register
for best-in-class industry standards, most recently in late August
of this year. In that audit, PG&E also was assessed and
recommended for continued compliance with API 1173 (Pipeline Safety
Management Systems) and successfully completed a surveillance audit
for API 754, Process Safety Performance Indicators.
PG&E is the only gas utility in the United States with
multiple international and industry certifications, which are
considered as a benchmark for peer utilities.
The company’s Power Generation organization is also beginning
its asset management process. Certification also exceeds
requirements included in the Wildfire OII Settlement and the Plan
of Reorganization approved by both the California Public Utilities
Commission and the U.S. Bankruptcy Court.
Effective asset management systems help organizations achieve
their purpose, mission and strategic goals by ensuring
decisionmakers and other stakeholders have access and information
needed for proactive risk and performance decisions. Strong asset
management systems also demonstrate an organization’s intention and
capability to manage risk, performance, and costs throughout the
life cycle of an asset which improves overall organizational
performance.
Qualified assessors review asset management plans and
procedures, examine performance results across all asset categories
in a system, conduct interviews across all levels of an
organization along with field observations of assets and lifecycle
maintenance and operating activities.
“There are many critical performance criteria applied in the
field to ensure these assets operate as designed,” said Bill
Barnes, the first U.S.-based Lloyd’s Register asset management
assessor for the ISO 55001 standard. “Use of calibrated tools
assures that field activities are delivered in accordance with
specifications and standards.”
International standards, such as ISO 55001, provide a shared set
of asset management principles, terms and expected benefits that
can be used to evaluate the way an organization coordinates its
asset management behaviors.
PG&E continues to strengthen its safety culture by investing
in workforce development and supplying the latest tools and
technology to enhance the safety and reliability of its electric
service and system. Continuous improvement is at the heart of a
safety culture and PG&E’s efforts to improve its safety culture
doesn’t end with these certifications. The initial certifications
are followed by regular reviews of assets across families of
equipment and locations across a provider's network with similar
levels of rigor.
About Lloyd’s Register
As an internationally recognized business assurance and
inspection service provider, Lloyd’s Register is one of the world’s
leading providers of quality, environmental, sustainability, food
safety, occupational health and safety, information and cyber
security, and customized assurance – delivered both in person and
remotely.
About PG&E
PG&E, a subsidiary of PG&E Corporation (NYSE:PCG), is a
combined natural gas and electric utility serving more than 16
million people across 70,000 square miles in Northern and Central
California. For more information, visit pge.com and
pge.com/news.
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