Copperleaf Suite to Optimize Investment Planning for American Electric Power Transmission
Vancouver, BC, January 19, 2021—Copperleaf® announces the selection of its Decision Analytics solution by American Electric Power (AEP), owner of the largest electricity transmission system in the United States. AEP operates a 40,000-mile transmission network, delivering electricity to nearly 5.5 million customers in 11 states.
The Copperleaf Suite, along with its unique Value Framework, will allow AEP to value and compare diverse transmission investments on a common economic scale. It will also help AEP prioritize opportunities towards the most impactful asset interventions and make risk-informed decisions to maximize business value. The Copperleaf system will replace AEP’s Reliability Assessment Tool and provide greater transparency and process efficiencies.
“We are honoured that AEP Transmission has chosen Copperleaf’s solution. As a member of the Copperleaf Community, AEP will join a solid network of transmission utility companies and have the opportunity to share industry best practices and benchmarking standards on an ongoing basis,” said Judi Hess, Copperleaf CEO. “We look forward to working with AEP and to supporting their business needs today and into the future.”
Copperleaf provides enterprise decision analytics software solutions to companies managing critical infrastructure. We leverage operational and financial data to empower our clients to make investment decisions that deliver the highest business value. What sets us apart is our commitment to providing extraordinary experiences, shaped by people who care deeply, products that deliver exceptional value, and partnerships that stand the test of time. Copperleaf is a patron of The Institute of Asset Management and actively participates in shaping the future of asset management standards, including ISO 55000. Headquartered in Vancouver, Canada, our solutions are distributed and supported by regional staff and partners worldwide. Together, we are transforming how the world sees value.
For further information, please contact:
Copperleaf Technologies Inc.
Email: Media Relations