Power generation has traditionally been an open market. However, looking back at the scale and costs that existed in the past ... Nuclear and coal often prevailed because they generated electricity at a lower cost. Traditional models also depended...
Decarbonization, renewables, smart grid technologies, centralized vs. decentralized generation, market demand for reliable, efficient, and cleaner energy ... All have created difficult conditions for power plants to remain competitive and profitable.The daunting challenge for plant owners is to maintain the...
Creating a contract management platform is the process of managing contract creation, execution and analysis to maximize operational and financial performance, while reducing financial risk to the power plant owner. Developing a contract management platform can be a time-consuming...
Condition based maintenance gives you more control over your power plant assets, and keeps you available to the market. Recent studies suggest the power industry collects less than 2% of potential data generated by a typical power plant. Data-driven predictive...
Power Plant Control System Upgrade. If you’re still considering the viability of replacing your legacy GTCC control system, friends, it’s time to take your heads out of the sand. A power plant control system upgrade should be part of a...
What in the world is Hyperloop? One thing is for sure, it's more than just a train. Some people thinks it's a movement and it might just change the world of transportation as we know it. Here's an expert's guide...
Operational optimization may be the key to keeping your power plant productive, even with ageing assets. Operational optimization gives you the tools to address decarbonization, renewables, smart grid technologies, centralized vs. decentralized generation, market demand for reliable, efficient, and cleaner energy,...
In a sea of unknowns, a well-defined APM strategy is the kind of stability your power plant can leverage for more predictable performance. The Power Generation sector, particularly thermal generation, faces shifting market dynamics and disruptions directly impacting their operating...
Leverage APM information to remain competitive in a rapidly changing energy market. Recent studies suggest the power industry collects less than 2% of the potential data generated by a typical power plant. Superior asset performance management connects disparate data sources...
If you’re a power plant owner, you should know. "Asset performance management is a cross-functional initiative requiring key stakeholders with varied business objectives to join minds under a shared objective." Global power market fundamentals are changing rapidly, and there is...
