IEEE Power & Energy Magazine - May/June 2014 - 98

Support
Services

Asset
System

Equipment
Production Market

Equipment
Producer

Asset
Governor

Electricity Market

Disperse
Generation

Asset Owner

Execution Project
Market

Contractors

Asset Manager

Consulation
Market

Planning and
Design

Service
Providers

Communication
Market

Data
Transferring

Customers

Taking all this into account, the
stakeholder rights system can be
illustrated as in figure 2. Distribution system goals can therefore
be listed as
✔ provision of optimal electricity services
✔ promotion of power distribution system efficiency
✔ consideration of customers'
social rights.
we will refer to the first and third
goals as "asset constraints" and call
the second goal "asset efficiency."
asset management therefore means
increasing asset efficiency while
observing asset constraints.

The Framework of
Goals and Processes
in the Distribution
Asset System
asset management goals are the
same as distribution system goals.

figure 1. Asset system players.

and the benefits of the asset owner. also, asset governance
determines penalties to force asset managers to improve
asset efficiency and their services to customers. These penalties must not increase the risk of asset owners' benefit.

First Target: Service Improvement
electricity services can be divided into the following three
categories, as shown in figure 3:

Asset Governor
(Durability)

Durability
(Long Term)

Stakeholders' Rights
Balancing (Short Term)
Lower
Price

Support
Services
(Benefit)

Balance in
Asset
Managers'
Demands

Electricity
Distribution Services

Better
Electricity
Services

Social Rights

Following
Social
Rights

Efficiency

Economic
Stability

Electricity
Price
Increase

Customers
(Welfare)

Cost
Management

Asset Owner
(Benefit)

figure 2. Stakeholder rights in the distribution system.
98

ieee power & energy magazine

may/june 2014



Table of Contents for the Digital Edition of IEEE Power & Energy Magazine - May/June 2014

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IEEE Power & Energy Magazine - May/June 2014 - Cover3
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