Vancouver, BC, March 4, 2021—Copperleaf®, a global leader in decision analytics solutions, has been named a finalist in two Gas Industry Awards categories—Project of the Year and Product of the Year.
Introduced in 1998, the Gas Industry Awards, organized by IGEM and the Energy & Utilities Alliance (EUA), recognize and reward the innovative work, exceptional talent, and outstanding achievements of individuals and organizations working in the gas sector.
Project of the Year: Asset Investment Planning project undertaken by National Grid Gas Transmission
The Asset Investment Planning (AIP) project at National Grid Gas Transmission (NGGT) was designed to increase NGGT’s AIP and Portfolio Planning and Management (PPM) capabilities.
The implementation of the Copperleaf Decision Analytics Solution, including Copperleaf Portfolio™ and Copperleaf Asset™, has enabled NGGT to carry out investment optimization across its entire project portfolio. It will help the company deliver its business plan as cost-effectively as possible, contributing to a 4% efficiency on capital expenditure, saving £11 million per year. The solution is also part of a new process that will allow NGGT to effectively plan and optimize all work to meet its strategic safety, regulatory, and commercial obligations.
Product of the Year Award: Asset Investment Planning and Management developed by Copperleaf, submitted in collaboration with Northern Gas Networks, National Grid Gas Transmission, and SGN
The Copperleaf Decision Analytics Solution has enabled several UK gas utilities to enhance their Asset Investment Planning and Management processes. Northern Gas Networks, National Grid Gas Transmission, and SGN adopted the Copperleaf solution to help them predict and monetize asset risks, optimize asset interventions, and manage project portfolios across their networks.
The Copperleaf Solution is a worthy winner of the ‘Product of the Year’ award thanks to major enhancements to support OFGEM’s Network Output Measures (NOMs) and Asset Risk Metrics (NARMs) calculations for both gas distribution and gas transmission.
Winners will be announced at a virtual ceremony on May 18, 2021. To view the full list of finalists, please visit igem.org.uk.
For more information on the Gas Industry Awards, please visit gasindustryawards.com.
Copperleaf provides enterprise decision analytics software solutions to companies managing critical infrastructure. We leverage operational and financial data to empower our clients to make investment decisions that deliver the highest business value. What sets us apart is our commitment to providing extraordinary experiences, shaped by people who care deeply, products that deliver exceptional value, and partnerships that stand the test of time. Copperleaf is a patron of The Institute of Asset Management and actively participates in shaping the future of asset management standards, including ISO 55000. Headquartered in Vancouver, Canada, our solutions are distributed and supported by regional staff and partners worldwide. Together, we are transforming how the world sees value.
For further information, please contact:
Copperleaf Technologies Inc.
Email: Media Relations
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