Patent ID: 11867770
Assignee: FISCHER BLOCK, INC.
Field: Computer technology (Electrical engineering)
Classification: CPC G | IPC G

Claim 11:
12. A power system asset health assessment system, the system comprising:
a plurality of monitoring systems connected via a common network, each monitoring system configured to monitor a respective asset of a plurality of assets in an electrical power system;
a computing device in communication with the plurality of monitoring systems via the common network, the computing device configured to:
acquire data representing operating characteristics of a given asset over a data collection interval from a respective one of the plurality of monitoring systems;
associate the given asset with a plurality of similar assets having data stored within a database accessible by the computing device, the plurality of similar assets containing similar historical operating characteristics to the operating characteristics of the given asset;
correlate the similar historical operating characteristics of the plurality of similar assets within the database with repair and replacement activity for the plurality of similar assets; and
based on the correlation, predict one or more of a most likely time-to-failure of the given asset and a most likely remaining-life of the given asset.