ENERGY PERFORMANCE SOLUTIONS













For more information:
Bob Holzworth,
Asset Management Consultant

208-529-2922 (office)
208-520-4320 (cell)

Energy Performance Solutions
  
Reliability and Risk Management: Key to Improved       Power Generation Profitability

Driven by regulators, customers, public utility commissions, and financial institutions, power generators today are focusing again on RAM and RCM programs to increase a plant's availability and improve how it ranks versus its peers. Keeping the lights on is as important these days as improving shareholder value and equipment reliability, availability and maintainability (RAM) and reliability centered maintenance (RCM) is receiving renewed attention. Engineers focus on problems affecting availability through advanced analysis of both real-time and computerized work management system data using predictive condition monitoring technology that provides early warning of incipient failures.

Additionally, predictive equipment reliability analysis, such as Crow-AMSAA allows engineers to determine the health of critical equipment and systems that directly affect the availability and profitability of a power plant. Using Crow-AMSAA, Risk Informed Asset Management (RIAM), FMEA and equipment failure data, engineers are able to determine and predict early warning of incipient faults thus reducing forced outages and derates and mitigate collateral damage and decrease maintenance expenditures. Preventative Maintenance (PM) programs are optimized for profitability in conjunction with nuclear safety assessments that include the modeling of failure modes and probabilities to determine an availability model that also improves nuclear safety. By embracing a proactive maintenance strategy, power plants have the ability to increase plant availability and improve return-on-investment while improving upon high levels of nuclear safety.

These services bring the latest techniques and methods for managing, measuring, and assessing plant financial performance decision making. The technology embraces the latest developments in risk management and focuses on methods to mitigate the uncertainty in maintenance and capital decision making. We turn risk management from measurement and controls to an affirmative business tool that drives shareholder value. Our services address the decision analysis process for developing an optimal maintenance and capital projects funding strategy over both the intermediate and long-term horizons. These services strives to provide a solid balance of practical experience and discussion of evolving industry best practices derived from the combination of groundbreaking methods combined with practical knowledge of having “been there, done that.”

Contact Energy Performance Solutions to learn how power plants today can increase plant performance and availability and at the same time decrease costs with unique engineering analysis of historical and real-time data. Included in our services is the development of a process for supporting PM optimization applying RIAM software applications, Crow-AMSAA analysis in support of plant decision-making at the component failure mode and human error mode level, and Advanced Pattern Recognition for real-time condition-based monitoring supported by the business case justification for using this new approach to an old problem. Actual results of case studies in power plant system PM optimization using actual plant data are available for presentation.

 

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