N-1Non-Confidential Work Order 7/30/2010
10 passages
Opsym MARCH 2008 Revision: Version 0.1 The Technology Asset Review (TAR) provides Asset Owners with a current state view of their asset, identifies risks of current state, makes recommendations on risk mitigation strategies, and acts as a...
AI summary The Technology Asset Review (TAR) provides Asset Owners with a current state assessment of their assets, identifies risks, recommends mitigation strategies, and serves as a planning tool for ongoing asset management.
3. Lifecycle Management Plan
AI summary The document introduces Section 3, titled 'Lifecycle Management Plan,' but provides no substantive content or details about the plan's scope, objectives, or implementation strategies. The section appears to be a placeholder or incomplete.
3.1.3. Physical Parameters & Condition The Opsym environment consists of two high performance HP WX 6200 desktop computers, one each for the Real-Time and Day-Ahead trading desks. The Opsym environment hardware currently meets the business...
AI summary The Opsym environment uses two HP WX 6200 desktops for Real-Time and Day-Ahead trading, supported by NSP IT. The application is locally installed with a flat-file database, lacking auditing and reporting features. Ventyx no longer develops Opsym, and it will be replaced by EnerPrise, a client-server .NET system. Current limitations include missing transmission constraint modeling, addressed via workarounds.
Asset State Infor mation mponent Module Or co Current State Risk mended Vendor m Reco mended IT m Reco ments Lifecycl m Co e/ Asset value me m Real-Ti (RT) Desk PC Opsy Hard Drive, OS - m, 75GB ws XP SP HP 3.2 GHz, GB Ra Windo 2 1 w Server...
AI summary The text presents a table with information about the current state, risks, and recommendations for various IT assets, including desktop PCs and a database system. It includes details such as hardware specifications, software configurations, risk levels, and lifecycle status. The document is part of an IT asset management report for Nova Scotia Power.
3.2.Routine Maintenance Plan There is currently no routine maintenance plan for Opsym. From time to time, the accumulation of the studies tends to fill the local hard drives. When this becomes evident, these studies are archived to a netwo...
AI summary The document notes the absence of a routine maintenance plan for Opsym, with studies archived to network drives when local storage is full. Real Time and Day Ahead computers are standardized and managed by NSP's desktop service provider, with automatic OS patch installation.
3.4.Change in Use of the Asset It is the intention of the Commercial Operations group to use Opsym in a post dispatch evaluation role and to also help determine NSPI's actual costs of production; this would be a net new use of the asset. T...
AI summary The Commercial Operations group plans to expand Opsym's use for post-dispatch evaluation and determining NSPI's production costs, marking a net new use. Current study periods are weekly, but the group seeks monthly to annual periods. Integration diagrams illustrate Opsym's current system connections.
3.9.Disposal Plan It is expected that the Opsym assets will have no little or no material value upon the retirement. When the asset is decommissioned, an attempt will be made to sell the hardware on consignment through a third party vendor...
AI summary The disposal plan outlines that Opsym assets will have minimal value upon retirement, with hardware to be sold via a third-party vendor on consignment. No significant financial gain is anticipated, and standard NSP accounting procedures will be used for asset retirement.
4.2.Industry trends There is increased scrutiny on the operating and trading decisions made by operators of generation fleets. The tools that are used are required to be more accurate, auditable and easier to use to enable both traditional...
AI summary The industry faces heightened scrutiny on generation fleet operations, requiring more accurate and user-friendly tools for both operators and traders. Strategic decisions about asset management, investment timing, and portfolio optimization are emphasized within risk and profit parameters.
6. Recommendations The following is a list of recommendations based on the findings of the TAR. These recommendations are aimed at minimizing the risk to the business and maximizing the value of the asset. Costs identified with each recomm...
AI summary The TAR's recommendations focus on minimizing business risk and maximizing asset value through investment decisions, with cost estimates provided as order-of-magnitude approximations to guide Asset Owners.
7. Next Asset Review Date Based on the current state of this asset, pace of change in the business, industry and technology, we recommend that this Technology Asset Review be scheduled again for Q1 2009. March 4, 2010 IR-GP19 Attachment 1...
AI summary The document recommends rescheduling the Technology Asset Review for Q1 2009, citing changes in business, industry, and technology. The recommendation is made by NSP IT on March 4, 2010.