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WALES & WEST UTILITIES RECEIVES

ISO 55001 CERTIFICATION

WALES & WEST UTILITIES has been
awarded the International Certificate
of Asset Management System (ISO
55001) – an accreditation for its pursuit
of high-quality standards in the asset
management field.
The accreditation comes after
the company was audited over
a three-day period. Scrutinising
the company’s asset management
system, its operational processes and
stakeholder engagement, the audit
demonstrated that the company has
developed a proactive approach to
lifecycle asset management to support
the optimisation of assets, reduction WALES & WEST UTILITIES RECEIVES
of ownership costs and compliance to ISO 55001 CERTIFICATION
health and safety requirements.
Wales & West Utilities, Director of contract partners and stakeholders want in an affordable way.
Asset Management, Andrew Hopkins, across the region to inform the work we ISO 55001 is a framework for an asset
said: “While most of the gas network is do. The audit was complimentary about management system that enables the
underground and out of sight, it plays a how we communicate with such groups business to proactively manage the life
central role in the daily lives of people and continue to develop and improve cycle of its assets, from acquisition to
across Wales and south west England. our asset management performance. decommissioning. The system provides
Whether it’s heating homes, making the “We are delighted to receive this for the management of risks and costs
family dinner or having a hot bath, we accreditation: we’re investing in best associated with the operation and
understand how important it is for gas practice in asset management to make maintenance of assets in a structured
supplies to be safe, reliable and there sure that our gas network is safe and and efficient manner that supports
when our customers need it. reliable, delivering what communities continual improvement and maximises
“We work with colleagues, our across Wales and south west England the value of asset management.

OFGEM’S AKSHAY KAUL INTERVIEWED

FOR DEBUT EPISODE OF NEW PODCAST

THE ENERGY INNOVATION CENTRE the energy sector to the wider UK
(EIC) has launched a new podcast economy, RIIO-2 and the importance
series that will bring together people of innovation in the energy sector. In
from across the sector to gather views addition, Akshay provides advice for
and discuss key topics in the industry. those wanting to innovate in the sector
The debut episode, ‘Innovation and delves into what success looks like
in the energy sector: A regulator’s for third parties.
perspective’, sees host Liam Bolton, “The introduction of podcasts is a
Innovation Community Lead at the great way for us to engage with our
EIC speak to Akshay Kaul, Director of community,” said Liam. “We have
Systems and Networks at Ofgem. some fantastic guests lined up in the episode sheds light on what RIIO-2
The short episode explores the coming months and they will be talking is and what innovators in the sector
key areas that are going to reshape about all the key topics in the sector. should be focusing on as we move
the industry: decarbonisation, “Our debut episode with Akshay towards a low carbon, decentralised
decentralisation and digitalisation. is a great way to kick off the series, energy system.”
Liam and Akshay also discuss the particularly given the hot topic of the The full debut episode is available
role of Ofgem, the importance of moment in the industry – RIIO-2. The on iTunes and Spotify.

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