asset management

The power industry supply chain is facing unprecedented strain as utilities race to upgrade aging infrastructure against a backdrop of lengthening lead times and increasing project complexity. As one Midwestern utility executive recently noted, “Transformers that once arrived in three months now take up to two years to source,” highlighting a crisis that extends far […]

Nearly every utility in the world has embarked on their own journey of digital transformation, using data to help make processes faster and more efficient. Traditionally, utility data has been collected in silos to support individual functions, and utilities have been hard at work to break down these silos so data can be shared among […]

As power plants confront aging infrastructure, surging demand, and the sweeping changes of rapid electrification, operations and maintenance (O&M) are being redefined to tackle unprecedented challenges and

As the power sector grapples with aging infrastructure, stricter sustainability mandates, and the rapid integration of renewables, innovation in operations and maintenance (O&M) has become critical to

Developments in communication technology, including software applications and new control hardware, are providing utilities the ability to monitor assets, analyze alarms, and control their power generation facilities remotely. Companies are using new technology to address power plant operations, support maintenance tasks, and ensure proper compliance reporting and incident response. Remote monitoring was part of POWER’s […]

Companies offering the ability to collect data for use by electric utilities are finding their services in demand as the power generation sector embraces digitization. It’s an industry that promotes innovation, as utilities need to track the real-time performance of thermal and renewable energy generation assets, and gain more insight about how their equipment is […]

In the ever-evolving landscape of workplace safety and compliance, effective asset management has emerged as a powerful ally for managers and operators. This strategic approach not only ensures adherence to health and safety regulations but also fosters streamlined operations and cost savings. In a world where doing more with fewer resources is becoming the norm, […]

Nondestructive testing (NDT) blends quality assurance and materials science. It is used to inspect and evaluate materials, components, and assemblies without destroying their serviceability. In the power

Advanced analytics solutions empower utilities to predict asset failures before they happen so they can progress from reactive to proactive maintenance. As the digital transformation of the power industry

Operational innovation—creating new ways of performing core business functions like grid asset management—can provide reliable, relatively low-cost transformation for electric utilities. One area for