Nova Scotia Power owns, operates and maintains the majority of its power production. This is in the form of thermal steam units, combustion turbines, hydro, tidal, wind and biomass. The age and complexity of the power production facilities and equipment ranges from 90 years in some hydro stations, 40 years in some steam turbines, 40 for many combustion turbines and as new as 3 months old in our wind turbines. Like any business, the stakeholders expect cost efficient and reliable electricity supply. Technical people expect to understand the risks, operators and maintainers expect safe and trustworthy equipment. A need to run leaner and more profitably is a challenge that a strong asset management program can support. This presentation will highlight NSPI’s approach to building an asset management program in our power generation fleet. We consciously chose innovative technologies and techniques to get results and avoid the pitfalls when following the process “by the book”. Finally participants will discuss what we learned along the way and will discuss how to improve as we move forward in the continuing asset management journey.