Case Study: Evoenergy achieves ISO 55001 certification with PowerPlan

Evoenergy Achieves ISO 55001 Certification with PowerPlan

Evoenergy, an energy utility serving over 200,000 customers in Australia, needed a systematic approach to manage its asset investments and achieve compliance with the impending ISO 55001 certification standard. The challenge was to move away from disparate systems and implement a centralized, defensible software platform to optimize their asset management program. They selected PowerPlan's Asset Investment Optimization solution to serve as the core of this new system.

PowerPlan implemented its integrated solution, creating a comprehensive asset inventory, establishing lifecycle strategies, and generating optimized long-term investment plans. This enabled Evoenergy to align its entire organization and successfully achieve ISO 55001 certification within a year. The results were significant, including a 40% reduction in operational expenditure, streamlined reporting, and improved stakeholder communication, establishing Evoenergy as an industry leader in asset management.

Evoenergy

Ross Goggin

Asset Strategy – Energy Networks