Energy Networks
Regulation
The regulation of energy businesses that own complex and capital-intensive assets has taken on new dimensions as frameworks for regulation evolve and become more comprehensive. As regulatory regimes transform, the pressure to deliver value to shareholders and consumers, whilst being flexible enough to accommodate technological change in the shifting energy landscape, is a challenge shared by executives.
CutlerMerz’ Regulation practice provides a comprehensive range of services to support the executives and managers responsible for delivering results in this time of change. We do this by providing analysis, insight and practical advice that withstands intense regulator scrutiny.
Strategy
Trends assessment and analysis, development and review of business cases and models, feasibility studies
Optimisation and performance improvement
Asset management effectiveness, capital project delivery efficiency improvement, maintenance efficiency and effectiveness, benchmarking, asset renewal, process audits and reviews
Regulation
Regulatory strategy, regulatory proposal review and support, capital and operational expenditure justification, regulatory compliance and audit
Technical analysis
Asset condition assessment, investment modelling, unit rates assessment, project delivery reviews, network performance, system capacity and safety
Asset Management
CutlerMerz has a proven capability to significantly enhance Asset Management practices. Our support ensures alignment with internationally recognised standards without losing sight of the objective to optimise your business activities.
We achieve this by applying practical solutions to implement industry-leading practices in the context of your business, its assets, and operating environment. We leverage the strength of our Regulation practice to target solutions specific to your stakeholders and regulatory framework.
We have worked both nationally and internationally with industry-leading utilities and regulatory frameworks to develop and refine asset management practices at the efficiency frontier. We have successfully implemented such practices in Australia, the broader Asia-Pacific, and the Middle East.
Asset Management System (AMS)
Define and establish the AMS in-line with industry best practice (ISO55001 / PAS55); including gap-assessment audits and preparation of improvement plans for existing AMSs. This also involves asset information and capability requirements to enable asset management optimisation.
Strategic Asset Management Plan (SAMP)
Develop SAMPs that translate the AMS into a cohesive framework, and insightfully responds to stakeholder (community, customer, treasury, regulator, etc.) requirements.
Integrated Investment Planning
Integrate investment evaluation and planning across your business; thereby optimising the balance between replacement expenditure/augmentation expenditure/operating expenditure and avoiding redundant expenditure.
Performance / Cost / Risk Optimisation
Develop quantitative assessment techniques to holistically assess risk & criticality (e.g. asset health indices, FMECA), performance (e.g. reliability analytics), and lifecycle cost assessments (e.g. NPV).
Training and Sustainable Change
Provide example-based, practical training and professional change management expertise to embed improvements in asset management capability.
Safety and Audit
Our clients must make tough decisions to efficiently allocate available resources to best meet safety objectives. To help with these decisions, CutlerMerz has a team with highly regarded expertise in safety risk management.
Our consultants have expertise across a broad range of activities including safety audits, incident reviews and investigations, work practice assessments, legislative compliance reviews, and developing Formal Safety Assessments. Drawing on considerable national and international experience, we bring best practice advice and recommendations to help clients achieve the outcomes they require.
CutlerMerz also provides a comprehensive range of auditing services to support network businesses in meeting their regulatory obligations and continually improving their systems, processes and practices. Our audits go beyond compliance; leveraging our industry background to provide meaningful insight to identify risks and mitigants, and opportunities for improvement that will create value for your business.