As renewable energy and storage assets create increasingly complex grid infrastructure management challenges, Black & Veatch Management Consulting, LLC and Copperleaf have announced a new alliance to provide electric and gas utilities greater ability to manage critical infrastructure. Using a robust, highly replicable software-backed solution in grid asset investment planning and optimization, clients will get a consistent, transparent and quantitative way to make complex trade-off decisions. The solution will also help develop mid-term and long-term investment strategies.
This alliance will support utilities in achieving their strategic goals related to reliability, resiliency, grid modernization, customer service, safety and other key strategic objectives under a consistent value framework.
Copperleaf’s Decision Analytics Solution and Black & Veatch Management Consulting’s global expertise in asset data analytics, risk scoring, cost and impact analyses will help utilities leverage operational, financial and asset data to ensure investment decisions deliver the highest business value.
“Our alliance with Black & Veatch further enables electric and gas utilities to break down traditional silos in investment planning,” said Garrett Sizer, Copperleaf’s strategic alliances director. “Black & Veatch’s expertise in the full asset lifecycle, along with their experience developing cost-benefit analysis, will undoubtedly yield faster adoption of Copperleaf solutions. This alliance already has proven to have the ability to help utilities compare diverse projects with competing objectives on a common scale, ultimately driving improved planning efficiency, higher value and more justifiable investment plans.”
“With Copperleaf, we are positioned to provide a critical service to utilities and companies challenged with collecting and analyzing data to make informed grid investment decisions,” said Joe Zhou, associate vice president and senior managing director at Black & Veatch Management Consulting. “We expect this joint solution to quickly become an integrated best practice for utilities seeking to streamline their capital and O&M budgeting processes, as well as to bolster their regulatory justification for such investments.”