VISUE is owned by 13 distribution systems operators (DSOs), which provide services to over 1.5 million electricity customers in Denmark. Distribution utilities around the globe face similar asset management challenges—limited resources, evolving customer expectations, a lack of clarity on current and future risk exposure—that add complexity to investment decision making. In Denmark, like many other countries, there is also no common approach prescribed by the regulator for evaluating and reporting on asset health and performance.
Individually, the electricity operators do not have the capacity or funding to implement an Asset Investment Planning and Management (AIPM) solution in each DSO. Instead, they joined forces to investigate asset management methodologies in other countries that would enable them to plan investments and manage risk in a streamlined and optimized way.
Working together, VISUE, its participating utility members, and the Copperleaf® team adapted the British CNAIM (Common Network Asset Indices Methodology) for monetized asset risk modeling to fit the needs of the DSOs and the Danish energy sector. This resulted in a localized CNAIM Value Framework embedded within the market-leading asset risk management solution, Copperleaf Asset™. With the implementation of the Copperleaf solution, the DSOs now have visibility into the sustainment needs of their asset bases over the long term, can better manage risk, and demonstrate that their investment plans deliver the greatest business value.
Working with Copperleaf has been a fantastic experience. We have already accomplished so much through this collaboration . . . and can’t wait to see what we can achieve together.
With the Copperleaf solution, we have a complete view and are confident that all investments are in one system for stakeholders to collaborate on.
The Copperleaf solution will help DSOs invest in the right things at the right time. It will also provide valuable support for budgeting across 3-5- and 5-15-year planning cycles that consider both economic and human resources.
We strongly believe that Copperleaf’s solution can meet our current and future needs . . . It is reassuring to know that we won’t have to go to a third-party supplier as our business needs evolve.
Q&A on the go live of Copperleaf
Claus Lund, CEO of VISUE, and Fin Jennrich, Copperleaf’s Regional Lead, Central Europe, share their thoughts on the implementation of Copperleaf and how it has helped VISUE on its asset management journey.