Chief Executive Officer
Essential Services Commission
09:50 Interactive Discovery Tour: Establishing Balance with Industry Regulators and Asset Management Plans
With the role of industry regulators aiming to ensure service providers are operating assets reliably and cost effectively, managing these expectations alongside your organisation’s plans for capital expenditure on asset maintenance can be a challenge. Yet organisations should strive to collaborate and work with regulators to help influence better decisions on operations to improve reliability of assets.
This session will comprise of a brief 20-minute presentation, highlighting the challenges and strategies often faced by utilities services from the perspective of an industry regulator, followed by a 20-minute roundtable discussion for a more in-depth analysis on solutions that utilities can incorporate to find balance.
This session will explore:
- The role of regulators in applying transparent and consistent approaches to encourage businesses to deliver better investment decisions that will improve reliability and service to customers
- Determining how the requirements can positively affect and influence long-term asset management plans
- Understanding industry changes to influence collaboration with stakeholders and ensure healthy relationships with other networks in improving assets