Transend - Appendix 5 Renewal capital expenditure - Australian ...
Transend - Appendix 5 Renewal capital expenditure - Australian ...
Transend - Appendix 5 Renewal capital expenditure - Australian ...
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Figure 6 – Capacitive voltage transformer output voltage profiles<br />
<strong>Renewal</strong> Capital Expenditure<br />
TNM-GR-809-0929<br />
Issue 1.0, January 2009<br />
The output voltage for asset 03001001 can be seen to increase dramatically within a very short<br />
period of time (within hours). This capacitive voltage transformer failed explosively, even though<br />
the condition monitoring results for this capacitive voltage transformer were satisfactory when it<br />
was last maintained. This event clearly illustrates that the risk of catastrophic failure is real and the<br />
rapid rate of deterioration that leads to explosive failure. It also highlights the negligible impact that<br />
maintenance activities have on preventing such failures, even with minimal time intervals between<br />
maintenance activities. The likelihood of instrument transformer failure increases significantly as<br />
the condition of the asset deteriorates as a consequence of ageing.<br />
<strong>Transend</strong> notes Nuttall Consulting’s view that ‘The safety risks associated with the explosive<br />
failure of post type insulators and voltage transformers have been known for some time (ie circa<br />
2000 5 )’. In 1998, when <strong>Transend</strong> was established, it inherited a transmission system that had<br />
received minimal renewal investment in the preceding years. At that time it was well recognised<br />
that the transmission system required substantial investment to address the vast range of asset<br />
management issues presented by the asset base at that time. For this reason, <strong>Transend</strong> established<br />
long-term asset renewal programs that prioritised the targeted replacement of known ‘high risk’<br />
assets. This approach is evidenced by the replacement of the 110 kV voltage transformers at Creek<br />
Road Substation, which, together with other targeted works, has allowed the redevelopment of the<br />
substation to be deferred by more than ten years. It should be noted that the voltage transformer and<br />
post insulator replacement programs commenced in 1999 and that <strong>Transend</strong> has replaced a large<br />
number of high risk assets in the current regulatory control period that are susceptible to explosive<br />
failure, and plans to continue to do so over the forthcoming regulatory control period. However,<br />
given the magnitude of investment required to address the identified issues and the issues<br />
associated with accessing the transmission system to undertake the required works, it is impractical<br />
to mitigate all of the risks in the short term. Effectively managing and prioritising the<br />
implementation of a complex, integrated works program has presented a considerable challenge,<br />
and will continue to do so over the forthcoming regulatory control period.<br />
<strong>Transend</strong>’s asset management policy requires that its assets be proactively managed such that they<br />
are operated safely and within prescribed technical limits.<br />
5<br />
Nuttall Consulting, Review of <strong>Transend</strong> Revenue Proposal Asset <strong>Renewal</strong> Capital Expenditure, November<br />
2008 p61<br />
Page 16 of 28 © <strong>Transend</strong> Networks Pty Ltd<br />
UNCONTROLLED WHEN PRINTED