Physical Asset Management

Physical asset management is the management of fixed assets such as equipment, plant, buildings, and infrastructure throughout their entire lifecycle. It involves activities such as maintenance, repair, upgrades, and end-of-life disposition of the assets. The purpose of physical asset management is to prolong asset life and keep them in good condition. It also requires implementing controls on purchasing, deployment, tracking and maintaining.

Utilities—Strategic Management, KPIs, and Budgeting

🌟 Strategic Management in Electricity Utilities: Navigating the Future 🌟 Electricity utilities require a strategic approach involving vision and mission statements, comprehensive analyses, strategic goals, KPIs, and Zero-Based Budgeting (ZBB) to ensure sustainability and efficiency. Read more! 🔭 Setting the Vision and Mission Statements: An electricity utility’s vision statement sets a long-term aspiration, guiding strategic […]

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Zero-Based Budgeting for Optimal Control

Budgeting is an essential aspect of financial planning, whether it’s for individuals, organizations, or governments. It’s crucial in managing resources effectively and ensuring that expenditures align with available funds. Among the various budgeting methods, Historically Based Budgeting (HBB) and Zero-Based Budgeting (ZBB) are the most used approaches. Each method has distinct philosophies, processes, and outcomes,

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Evaluation Criteria for Electricity Tariff Increases

🚨 Public Participation and Transparency Needed for Eskom’s Tariff Increases! 🚨 Public hearings hosted by NERSA on Eskom’s tariff hikes often draw long lines of concerned citizens. Yet, are we truly addressing the core issues? 🔍 Transparency in maintenance records and cost estimates is crucial. Should we have to resort to legal action to obtain

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Addressing Ongoing Concerns: The State of My Complaint Against City Power Johannesburg

I find myself compelled to revisit and articulate my ongoing concerns regarding the lack of progress on my complaint about the poor service I have received from City Power Johannesburg. This complaint was formally lodged with the National Energy Regulator of South Africa (NERSA) on April 15, 2024. Unfortunately, since then, I have seen little

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NERSA’s Role in the Electricity Sector: A Critical Examination

Introduction The National Energy Regulator of South Africa (NERSA) plays a pivotal role in regulating and overseeing the electricity industry. However, recent events and historical practices raise questions about the effectiveness of NERSA’s mandate. In this blog post, we delve into NERSA’s licensing process, tariff approvals, and complaint handling. Licensing Challenges NERSA’s primary responsibility includes

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Navigating the Challenges of State-Owned Enterprises through Innovative Asset Management

State-Owned Enterprises (SOEs) and other government institutions are often at the mercy of a multitude of challenges. These can range from inadequate policies and funding to ineffective leadership and corruption. The deterioration of public facilities and infrastructure only adds fuel to the fire, posing a risk to public safety and necessitating extensive restoration efforts. To

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My Journey in the Power Sector: From Fieldwork to Enterprise Asset Management

In the heart of South Africa’s power sector, I embarked on a journey that would shape my career and broaden my understanding of the complexities of power distribution and transmission. From October 1974 to May 1975, I served as an official at Eskom, the country’s primary electricity supplier. My role was far from being confined

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The State of Asset Management in South Africa: A Deep Dive

In 2005, South Africa took a significant step towards better asset management. A decree was issued, mandating each department to maintain two separate asset registers: a major asset register for assets valued at R5 000 or more, and a minor asset register for assets valued at less than R5 000. Additionally, departments holding assets under

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Power Quality Affecting Client Billing

Peruse this document for a more comprehensive understanding of the subject addressed in this paper. While power electronics equipment can enhance efficiency and control, they can also cause distortions in the power system, leading to power quality issues. Harmonics, which distort the standard sinusoidal waveform of power, can result in various problems such as equipment

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