Xcel Energy – Managing Operation Risk through Automation and Asset Strategies Customer Story Bar Share Customer Information Introduction Industry Power Generation Products Asset Reliability, Asset Strategies , Condition-Based Maintenance, Asset Performance Management U.S. power generation company Xcel Energy has more than $60B in assets across eight states. For more than a decade, Xcel has undertaken a digital transformation journey supported by GE Vernova’s Asset Performance Management (APM) software. Elliot Hunt, manager of equipment & system analytics, shares how they started their APM evolution by tackling inaccurate data from work orders, equipment health, and risks to achieve operational excellence. Xcel has improved work order risk management, automated health data integration, and adopted Asset Strategies based on criticality and risk. Hunt also covers how they migrated to cloud and enhanced condition-based monitoring and moved toward predictive maintenance using SmartSignal. Hunt gives examples of enhancements such as: Identifying that a critical motor had been attached to a pump that was a bad actorMoving records of safety valve testing to meet regulatory requirements to Asset Performance Management from manual spreadsheetsUsing equipment groups to help different teams visualize the risks that they've entered manually 26:04Video credit: GE Vernova