Davies Consulting

Strategies for Complex Organizations

Utility Risk & Asset Management

Asset Management Featured ImageUnderstanding the trends that shape the way electric and gas utilities do business.

Utilities face increasing pressure to balance risk, reliability & affordability while adapting to new regulatory frameworks and emerging standards. In support of our utility clients, we develop consistent, transparent, and repeatable processes for maintaining and upgrading aging assets while sustaining a positive bottom line.

Our solutions-oriented approach is built upon three critical strengths: deep utility industry experience, strong business consulting expertise, and proven analytics. 


Effective risk management has always been critical to long-term success for utilities.  Understanding utilities’ historic approach to dealing with risk, Davies Consulting supports integration of operational and enterprise risk priorities into every level of utility decision making, considering industry standards and leading practices.  Our work includes:

  • Assessment of compliance with ISO 31000, ISO 55000 and API RP 1173;
  • Modeling and process development for assessing risks and establishing risk mitigation (investment) strategies for electric and gas utilities;
  • Comparison and projection of costs vs. benefits of risk mitigation programs across commodities and business units; and
  • Quantification of risk and measurement of real-world risk mitigation results.

Our current engagements place Davies Consulting at the vanguard of utility efforts to take a more integrated approach to risk, asset, and investment decision making. We support our clients’ evolution while maintaining maximum benefits for customers, employees, and shareholders.

Case Study: Integrating Risk and Asset Management into Investment Planning


As the industry adopts new technologies and processes for maintaining a safe, secure, and reliable energy delivery systems, utility asset management is continuing to be exciting area of opportunity and challenge.

Davies Consulting’s team includes former electric and gas utility executives, analytics experts, and seasoned business process consultants with many decades of practical, hands-on experience in energy delivery, risk management, standards implementation, and utility operations. Our philosophy supports an integrated approach that builds robust connections among utility risk, asset, and investment decision making processes.

Case Study: Early Retirement or Run to Fail?

Davies Consulting is a Corporate Member of the Institute of Asset Management (IAM).

For more information, please contact AssetMgt@DaviesCon.com.