Endeavour Energy is a power transmission and distribution provider, supplying electricity to over 2.5 million people in Australia.
Endeavour Energy began its implementation of Copperleaf’s decision analytics software suite in early 2020 to address its asset investment planning (AIP) needs. To date, Endeavour Energy has implemented Copperleaf solutions covering investment planning, portfolio optimization, asset risk modelling, and predictive analytics.
With Copperleaf, Endeavour Energy has been able to improve the capital efficiency of its investment portfolios, save thousands of hours in assessing the risk profile of its asset base, demonstrate continuous improvement to regulators, and, ultimately, bring stakeholders and asset managers into agreement on a single quantifiable framework for making asset investment decisions.
Through the use of Copperleaf Portfolio™ on a subset of investments, Endeavour Energy’s asset base showed budget efficiency improvements of 5% to 10%. This surplus budget can be used to materialize further investments, translating into additional benefits for Endeavour Energy’s customers.