Day 3 – Risk Management Day – kicked off with a discussion of Picarro’s latest developments in risk-based leak management, combining the power of direct measurements with key risk factors derived from existing data sources – GIS, DIMP. The team stepped through some exciting new dashboards and unveiled some exciting advancements in technology.

The panel revolved around the discussion of a breakthrough risk management tool named the Lisa Priority Score. This remarkable tool amalgamates data collection, emissions quantification, and risk factors to rank leaks within a gas distribution network. This system enables operators to concentrate their investigative and reparative efforts effectively on areas of high priority. The Lisa Priority Score tool stands out due to its customizable nature, facilitating operators to establish their unique risk factors and mold the scoring mechanism in accordance with their specific requirements. The panel spotlighted the immense significance of data collection and remarked that with the use of mobile leak detection technology, over 90% of gas leaks in the network can be traced. The Lisa Priority Score not only offers a quantitative measure for diminishing risk in the network but also allows consistent monitoring of progress over time.

Speakers:

• Julien Klein, Sr Director, Marketing, Business Development, Product Management, Picarro
• Andrew Kidd, Product Manager, Picarro
• Jacob Cansler, Product Manager, Picarro

Key Takeaways:

• Lisa Score Revolution: The advent of the Lisa Priority Score, a groundbreaking tool that assimilates data collection, emissions quantification, and risk factors to rank leaks in a gas distribution network.
• Customizable Risk Assessment: The tool’s customizable attributes enable operators to establish their risk factors and modify the scoring process to suit their specific needs.
• Precision through Data: Data collection is pivotal for precise risk evaluation. Using mobile leak detection technology, operators can identify over 90% of gas leaks in the network.
• Quantifying Network Risk: The Lisa Priority Score not only provides a quantitative marker for minimizing risk in the network but can also be instrumental in tracking progress over time.
• Industry’s Game Changer: With its ability to quantify risk across the entire network and set objectives for risk reduction, the Lisa Priority Score has the potential to instigate a significant change in the industry.