How to Reverse the Unsustainable Rising Costs of Power Plant O&M

Here are a few examples:

Nuclear

The country’s largest nuclear-generation site, Palo Verde, transformed its operations by implementing a cost-effective, value-based maintenance strategy across its facilities. Uptake helped reduce the number of annual working hours spent on preventive and corrective maintenance by 37 percent. Together, overall capacity factor improved and resulted in $10 million of annual cost savings.

Coal and Natural Gas

Right now, Uptake is working with one of the largest global power companies at natural gas and coal plants in Central America. They are using Uptake to improve the plants’ heat rates to produce more megawatt-hours and reduce fuel spend, and to reduce emissions and the costs associated with them. They also expect to see lower operations and maintenance costs through savings within the existing fuel supply chain.

Wind

One of the largest wind turbine owners and operators in North America uses Uptake. Among many improvements, Uptake increased annual energy production (AEP) by 2 percent at one of its wind farms in the first four months of 2018. This increase resulted from the ability Uptake gave operators to detect and address problems on critical equipment such as gearboxes, main bearings and anemometers before they break, saving money and avoiding unplanned downtime.