Asset management means different things to different people. But it boils down to converting raw data and observations about equipment and components into information and knowledge that is then used, propagated, and shared by workers and digital components to manage performance. Nuclear plants have special asset management needs, given the level of their safety, reliability, and regulatory requirements.

Control loop performance-monitoring software can help to improve loop performance at electric power plants by automatically collecting data, assessing several aspects of loop performance, and providing the results in reports and user interfaces.

U.S. optimism has been restored by reports of abundant, reasonably priced natural gas to fuel most new generation; however, huge gaps in the fuel delivery system (thousands of miles of pipelines are needed) will soon challenge gas plant development. Meanwhile, the cloud of sovereign debt hangs over all major capital projects in Europe, where the UK moves ahead with new nuclear projects while many of its neighbors shut the door on nuclear and struggle to finance their commitment to renewables....

Owner/operator: EnBW Energie Baden-Württemberg AG/EnBW Renewables GmbH Germany’s first commercial offshore wind farm—the 48.3-MW EnBW Baltic 1—consists of 21 Siemens wind turbines, each with a capacity of 2.3 MW and a rotor diameter of 93 meters. Siemens constructed the facility in an area covering about 7 square kilometers in the Baltic Sea....

The 75-MW Martin Next Generation Solar Energy Center is the first hybrid solar facility in the world to combine a solar thermal array with a combined cycle natural gas power plant. Because the facility uses a steam turbine, transmission lines, and other infrastructure from an existing combined cycle unit, financial savings of approximately 20% were achieved compared to what a similar stand-alone solar plant would have cost....