How Uptake Saved $10M for the Largest Nuclear-Generating Site in the U.S.

We’ve all heard of digital transformation. But where does the rubber hit the road? Here’s the story of how Uptake Asset IO helped Palo Verde save millions of dollars by improving asset performance and lowering maintenance costs.

Palo Verde is the largest nuclear-generating site in the U.S. It operates three of the top five biggest nuclear power plants in the country. Like most plants in the nuclear industry today, Palo Verde faces a few critical business challenges: flat demand, rising penetration of renewable energy sources and increasing market pressure due to lower power prices.

POWER Magazine recently featured the story of how Uptake digitally transformed Palo Verde’s industrial operations by implementing a more cost-effective maintenance strategy across its facilities. Here is a snapshot of the key business and financial outcomes Palo Verde achieved using Uptake’s Asset IO application:

  • Realized $10 million in annual cost savings, representing a 20 percent cost reduction.
  • Reduced the number of annual working hours spent on preventive and corrective maintenance by 37 percent.
  • Increased its overall capacity factor and set new record levels of power production.
  • Improved its operational safety by eliminating unneeded maintenance, reducing workers’ exposure to radiation by 57 percent.

As industrial sectors around the world look to lower their costs, Uptake Asset IO helps deliver increased output from assets and safer, more reliable operations.

Read the full story to learn how Palo Verde relies on Uptake Asset IO to improve the performance of its assets, lower its maintenance costs and ensure the safety of its operations.