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Given that electricity prices present a long-term upward trend, the imperative for greater energy efficiency is becoming more urgent. While regulation and legislation do have some effect in forcing change in the business community, a compelling business case — with clear methodology, reliable return on investment and financial efficiency — is much more powerful. Finance […]

Nat Gas and Power sectors are on a path of convergence in terms of reliable electricity supply across the American mainland. Reliable electricity supply is the key driver in the power sector with marginal cost power markets, where firm vs non-firm gas supply with bilateral contracts is the means for monetization and supply in the […]

In this IDC Energy Insights white paper, the author provides recommendations the management of the asset life cycle, from planning all the way through to decommissioning. Systems and tools that support a project framework that can leverage information from a multitude of sources to drive decision making are also discussed.

In today’s business environment, a continuous, reliable source of electricity is critical to a company’s successful operations. Businesses can mitigate the economic risk of power outages by implementing a strong backup power plan. For decades, diesel has been the traditional fuel source for backup power and standby gensets. However, today, diesel is not the only […]

When it comes to large rotating equipment, medium-voltage variable frequency drives (VFDs) offer a significant opportunity to save on operating and maintenance costs. Siemens SINAMICS Perfect Harmony VFDs are a particularly cost-effective solution because they can be applied to both new and retrofit installations. By matching the motor speed to the load, VFDs conserve electrical […]

Medium voltage variable frequency drives (MV VFD) are high consideration, high cost assets engineers are incorporating more and more into manufacturing process. There are plenty of benefits these drives afford, such as energy efficiency and process control. However, being able to quantify these benefits between manufacturers of MV VFDs challenges engineers to identify which solution […]

Utility executives worldwide face a precarious balancing act: how to plan, build, and operate assets within an increasingly challenging business environment. Utilities face massive upgrades to aging infrastructure, so an increase in the number of capital projects in the near future is certain. The loss of institutional knowledge resulting from widespread workforce retirements within the […]

Investments in asset management software can provide benefits that far exceed the costs and technical challenges. A key to success is to manage assets on a lifecycle basis, tracking all relevant data from concept and commissioning through end of life and disposal. An asset lifecycle information management (ALIM) strategy can optimize visibility into current operations […]

This report from the Aberdeen Group explores the challenges that those in asset intensive industries face when it comes to managing their asset’s lifecycles. Leaders in this industry turn to three areas to transform their business – Risk and Financial Management, Operational Excellence, and Innovation.

Productivity is the key to survival in today’s globally competitive environment. When you think about the basic inputs to production – time, labor, and materials – you can see there isn’t much room for optimization. You have 24 hours per day, labor is costly, and you don’t have much choice in materials. Thus, every company […]

Asset intensive organizations, like those in the Utilities sector, have their own industry specific challenges when it comes to managing their asset’s lifecycles, but one area that is often overlooked or pushed off until the last minute is the decommissioning phase of their assets. Leaders in the industry turn to three areas to transform their […]

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Recent unexpected events impacting major utilities’ organizations point to the often overlooked aspect of risk management – the aftermath of information mismanagement. In order to reduce risk, companies need to not only manage tangible assets, but also the large volumes of content through the business life cycle, from exploration and production to facility operation and […]

With budgets in the billions, timelines spanning years, and life cycles extending over decades, water and power projects present enormous management challenges for the organizations sponsoring them. Oracle helps utilities rise to these challenges – and reap the corresponding rewards – by providing an enterprise project portfolio management (EPPM) solution that gives them visibility into […]

Process manufacturing companies in the oil and gas, utilities, chemicals and natural resource industries rely on proprietary infrastructure to run their operations. Much of this infrastructure is rapidly aging, thus increasing the risk of failure. Subsequent disruptions hamstring operations and impede opportunities for growth, with the impact of these interruptions felt worldwide. As a result, […]

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Mega-projects have become commonplace in the oil and gas industry. Offshore oil and gas development increasingly tilts toward the mega-project scale because of the burgeoning exploratory success the industry is enjoying in ultra-deep waters, where development projects costs routinely run into the billions and schedules can span half a decade or more.

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GAS POWER Direct is a monthly e-newsletter with technical articles, news, and commentary on the burgeoning gas-fired generation industry.

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Join us in Toronto November 9-11 for a conference centered on bringing the best networking and insights in the Natural Gas Industry. Hear from experts on the latest forecasts and newest projects.

With over a decade of knowledge and experience in the Western markets, Los Angeles is the place to be this October 5-7! For discussions on everything from pipeline projects to supply analysis and networking opportunities unlike any other, you won’t want to miss this conference!

Come to Chicago September 14-16 for one of the longest-standing conferences in the Natural Gas Industry. Hundreds of Natural Gas Industry leaders and pioneers will gather to network and do business, while hearing exclusive industry updates. Don’t miss it!