BS PD IEC/TR 62978:2017

BS PD IEC/TR 62978:2017 gives guidelines on the current asset management perspectives for HVDCinstallations based on best practices of asset owners, operators, users, original equipmentmanufacturers and regulators within the power industry.Asset management is a set of systematic and coordinated activities and practices throughwhich an organization optimally and sustainably manages its asset and asset systems, theirassociated performance, risks and expenditures over their life cycles for the purpose ofachieving its organizational strategic plan.An asset management system is the embodiment of the asset life cycle starting from assetplanning, creation, utilization, operation, maintenance, and to the extent of, the retirement anddisposal of the asset. It consists of the organization?s asset management policy, assetmanagement strategy, asset management objectives, asset management plans and theactivities, processes and organizational structures necessary for their development,implementation and continual improvement.The scope is limited to the DC plant/equipment side of the HVDC system including related ACcomponents of the HVDC converter station. This document covers all equipment of HVDCconverter station and electrode station but does not include DC lines and cables.This document covers HVDC systems with Line-Commutated Converters (LCC) and can begenerally applied to Voltage Sourced Converters (VSC), not including specific equipment orsub-equipment required under VSC.This document on asset management covers:

• a) policy and strategy;
• b) training;
• c) information management;
• d) change management;
• e) life-cycle costing;
• f) tools;
• g) performance monitoring and measurement;
• h) documentation, operation and maintenance; and
• i) risk management.

This document provides base guidelines on fundamental aspects and prudent practices to beconsidered by stake holders in managing HVDC assets. Compliance to additionalrequirements and recommendations stipulated in this document by the supplier or OEM arenon-obligatory, unless explicitly specified by the customer.Cross References:IEC 60633:1998/AMD1:2009IEC 60633:1998/AMD2:2015IEC 60633:1998 PAS 55-2:2008ISO 55001:2014IEC TS 62672-1:2013IEC TR 62757:2015PAS 55-1:2008ISO 55002:2014