All power transmission companies seek to provide high quality electricity to their customers at the lowest possible price. In order to be able to support this service, a well-maintained, efficiently operated and reliable network is essential. This is achieved through asset management, as, at its core, when aligned with the nature and value of an organisation, stakeholder engagement, and business objectives, asset management links operability with revenue.
The pandemic caused by the coronavirus took the world by surprise. In Australia, the eastern seaboard had barely extinguished the flames of the devastating bushfires when coronavirus flew in and wreaked additional havoc on lives, businesses, education, infrastructure and society.
The use of digital twin technology in asset management brings a complementary partnership. Through their ability to predict downtime and failures, streamline maintenance procedures, and bring innovative solutions to complex problems, any digital twin has potential to help an organisation build value.
The effects of the coronavirus are unprecedented, sending shockwaves into the health, economic, education and social sectors. Governments around Australia—and the world—are bracing for the post-COVID recovery phase. Added to the impact from the pandemic, climate change still weighs heavily and finding ways to reinforce public assets and infrastructure is imperative.
A new purpose-built rail facility in Kangy Angy, NSW, is nearing completion. The rail facility will support the New Intercity Fleet trains delivered by TransportNSW that will service passengers travelling from Sydney to the Central Coast, Newcastle, Blue Mountains and the South Coast.
The multi-million dollar Kangy Angy rail facility will be operated by UGL Rail who will service and maintain the New Intercity Fleet trains. The 500,000 square metre site boasts six kilometres of electrified railway, with seven tracks at its widest point. Other key features include:
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The energy sector is undergoing incredible changes. Over the past few years, there has been a shift to move away from coal-fired energy generation, in light of the growing concern with greenhouse gas emissions and its effect on the climate. With the closure of coal-fired energy plants, and new renewable energy sources popping up around the landscape, energy companies are finding a need to repurpose aging assets.