procurement
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Supply Chains
Optimizing Supply Chain Processes to Ensure a Reliable Electric Power System
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 […]
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Legal & Regulatory
EPA Rolls Out Label Program to Define ‘Clean’ Construction
The Environmental Protection Agency (EPA) has announced a plan to implement a new label program that it expects will help federal purchasers and buyers find and choose more climate-friendly construction materials. Under the label program, which stems from “extensive public input,” the EPA will initially focus on asphalt, concrete, glass, and steel products with “lower […]
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Management
Breaking Down Barriers—How Frictionless Procurement Will Enable a Revolution for Industrial Sellers and Buyers
The manner in which industrial products are currently resourced is no longer fit for purpose. In terms of procurement and supply chain complexity, the traditional seller/buyer model perpetuates historic inefficacies in how one company does business with another. On a macro level, it holds back the urgent improvements required in global energy and power infrastructures […]
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Engineering
How to Get the Most Out of EPC Contracts
Engineering, procurement, and construction (EPC) contracts are agreements in which a contractor is given major project responsibilities under a single contract established with an owner or developer. A
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O&M
AI Spare Parts Search for Maximized Maintenance Efficiency
Maintenance plays a critical role in the energy/utility sector, ensuring the continuous and reliable operation of infrastructure such as power plants, transmission lines, and distribution networks. Regular maintenance activities help prevent equipment failures, minimize downtime, and ensure the safety of workers and the public. In an industry where uninterrupted service is essential for economic and […]
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Engineering
How to Complete Successful Power Projects Working with EPC Contractors
Power companies rely heavily on engineering, procurement, and construction (EPC) contractors to build new power facilities and keep old ones in top condition. However, some projects go smoother than others
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News
How the Energy Transition Is Affecting the EPC Business
Larger changes in the power industry are shaking up the engineering, procurement, and construction (EPC) business in the U.S. and abroad. Experts explain how the industry is fielding business impacts
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Renewables
Power Plant Construction and Upgrade Best Practices
Schedule delays and cost overruns can pose problems for complex power plant construction and retrofit projects. Sound planning, accurate modeling, and good communication can lead to successful projects for all