Nanyang Technological University, Singapore (NTU Singapore), and SP Group (SP) have embarked on a S$30 million collaboration to enhance the resilience of Singapore's electricity network in order to uphold reliable and efficient supply to consumers.
"SP Group is focused on upholding reliable and efficient supply of electricity to consumers in Singapore. Together with NTU, we look forwards to developing first-in-class, innovative ways to strengthen our network planning, renewal and maintenance practices. In creating a sustainable network for future generations, we are committed to building a strong pipeline of engineering leaders for the energy sector."
- Mr Stanley Huang, Group Chief Executive Officer at SP Group, 2020.
"While the research collaboration leverages advanced technologies such as AI and machine learning to enhance the resilience and efficiency of our power grid, the gift for the endowment fund invests in the future of young minds that will see ever-growing returns for years to come."
- NTU President Professor Subra Suresh, 2020.
SP Group -NTU Joint Laboratory is currently focused on the following 4 Thrusts:
- Thrust A - Asset Health Modelling and Planning
- Thrust B - Component Degradation Studies
- Thrust C - Failure Mode Analysis
- Thrust D - Enhanced Condition Monitoring
These thrusts aim to enhance the resilience of Singapore's electricity network by improving power system reliability, developing new and innovative planning tools, and extending asset lifespan, in order to uphold reliable and efficient power supply to consumers.
Thrust C - Project 3
Minimising failures based on statistical model and structure mitigation development process using FMECA of distribution equipment.