Risk-based Asset Investment Planning & Optimization at Hydro One
Hydro One was looking to improve its planning and investment optimization processes in response to requirements from the provincial regulator, the Ontario Energy Board (OEB), for long-term, risk-based asset management plans, and data-driven decisions.
Hydro One responded to this challenge by implementing several process and technology innovations. One of these was to adopt the Copperleaf Value Framework to enable consistent risk assessment and investment decision making aligned to its corporate strategic objectives. This was followed by the implementation of the Copperleaf Decision Analytics solution.