Asset Management

The UK has exceptional skills in asset management services that aim to either improve operating performance or extend the economic life of power generation assets, by means of technical improvements, major retrofitting / refurbishment of main plant and networks, new operations practices, sophisticated monitoring and complex decision analysis.

 For an operator to run an efficient maintenance and capital budgeting programme it must know the conditions of its assets and their current performance. UK providers have responded to this challenge by producing some of the world’s most sophisticated condition and performance monitoring equipment.  This includes equipment to monitor cabling, switchgear, steel and concrete structures and radiological discharge.  It also includes IT systems and software for modelling complex systems.  The UK’s engineering and management consultants have also developed decision tools and other analytical techniques for appraising asset management options.

Some of the UK companies with leading expertise in this area are: Alstom (retrofitting, life extension and refurbishment), RWE Power International (specialist services in operation and maintenance), TWI (consultancy and training services in welding and joining, NDT, inspection, materials and lifecycle integrity).

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