oSIST prEN IEC 63223-1:2025
(Main)Management of network assets in power systems - Overview, principles and terminology
Management of network assets in power systems - Overview, principles and terminology
Upravljanje omrežnih sredstev v elektroenergetskih sistemih - Pregled, načela in terminologija
General Information
Standards Content (Sample)
SLOVENSKI STANDARD
01-julij-2025
Upravljanje omrežnih sredstev v elektroenergetskih sistemih - Pregled, načela in
terminologija
Management of network assets in power systems - Overview, principles and terminology
Ta slovenski standard je istoveten z: prEN IEC 63223-1:2025
ICS:
29.240.01 Omrežja za prenos in Power transmission and
distribucijo električne energije distribution networks in
na splošno general
2003-01.Slovenski inštitut za standardizacijo. Razmnoževanje celote ali delov tega standarda ni dovoljeno.
123/115/CDV
COMMITTEE DRAFT FOR VOTE (CDV)
PROJECT NUMBER:
IEC 63223-1 ED1
DATE OF CIRCULATION: CLOSING DATE FOR VOTING:
2025-05-23 2025-08-15
SUPERSEDES DOCUMENTS:
123/107/CD, 123/113A/CC
IEC TC 123 : MANAGEMENT OF NETWORK ASSETS IN POWER SYSTEMS
SECRETARIAT: SECRETARY:
Japan Mr Hiroki SHIGETSUGU
OF INTEREST TO THE FOLLOWING COMMITTEES: HORIZONTAL FUNCTION(S):
TC 8,SC 8C,TC 56
ASPECTS CONCERNED:
Electricity transmission and distribution
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TITLE:
Management of network assets in power systems - Overview, principles and terminology
PROPOSED STABILITY DATE: 2031
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IEC 63223-1 ED1 © IEC 2025 3
CONTENTS
FOREWORD . 4
INTRODUCTION . 6
1 Scope . 9
2 Normative references . 9
3 Terms, definitions and abbreviated terms . 9
3.1 Terms and definitions. 9
3.2 Abbreviated terms . 9
4 Principles for asset management of power systems . 9
4.1 Asset management overview. 9
4.2 Principles for management of power systems . 10
4.3 Main decisions for the management of power systems . 11
5 Value creation options . 12
5.1 General . 12
5.2 Risk-informed decision-making process . 12
5.3 Value creation options from power network assets . 12
5.3.1 Asset life cycle management . 12
5.3.2 Asset specification . 13
5.3.3 New asset construction . 13
5.3.4 Effective utilization of assets . 13
5.3.5 Network solution . 14
5.3.6 Active infrastructure management . 14
5.3.7 Non-network solution or supply and demand management . 14
5.3.8 Resilience. 15
5.3.9 Data and information . 15
Annex A (informative) Examples of value creation options . 16
A.1 General . 16
A.2 Asset life cycle management . 16
A.3 Asset specification . 16
A.4 New asset construction . 17
A.5 Effective utilization of assets . 17
A.6 Network solution . 18
A.7 Active infrastructure management . 18
A.8 Non-network solution or supply and demand management . 18
A.9 Resilience . 19
A.10 Data and information . 19
Annex B (informative) Structure of IEC TC 123 standards . 20
B.1 Structure . 20
B.2 Core standard . 20
B.3 Process standard . 20
B.4 Support standard . 20
B.5 Associated standard . 21
Bibliography . 22
Figure B.1 – Framework for IEC TC 123 standards . 20
4 IEC 63223-1 ED1 © IEC 2025
INTERNATIONAL ELECTROTECHNICAL COMMISSION
____________
Management of network assets in power systems - Overview, principles
and terminology –
FOREWORD
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IEC 63223-1 ED1 © IEC 2025 5
IEC 63223-1 has been prepared by IEC technical committee 123: Management of network assets in
power systems. It is an International Standard.
The text of this International Standard is based on the following documents:
Draft Report on voting
XX/XX/FDIS XX/XX/RVD
Full information on the voting for its approval can be found in the report on voting indicated in the
above table.
The language used for the development of this International Standard is English.
This document was drafted in accordance with ISO/IEC Directives, Part 2, and developed in
accordance with ISO/IEC Directives, Part 1 and ISO/IEC Directives, IEC Supplement, available at
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The committee has decided that the contents of this document will remain unchanged until the stability
date indicated on the IEC website under webstore.iec.ch in the data related to the specific document.
At this date, the document will be
– reconfirmed,
– withdrawn, or
– revised.
6 IEC 63223-1 ED1 © IEC 2025
INTRODUCTION
Background
The IEC white paper "Strategic asset management of power networks" was published in 2015 [1]
and TC 123 was established the following year to develop a management standard covering power
network assets.
This white paper and power network sector specific Asset Management (AM) standards (TC 123, IEC
63223 series [2]) were initiated by the CEO of a power network company who found that some
sections of AM management system standards (ISO 55000 series [3]) were very generic and as such
the requirements were not easy to follow and to discuss with the country's regulator.
The scope of TC 123 is "standardisation to deliver, in co-operation with other TC/SCs and international
organizations, common methods and guidelines for coordinated lifetime management of network
assets in power systems to support good asset management". This possibly includes the development
of new methods and guidelines. Asset management is defin
...
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