Fossil-fired power plant forecasts commercial energy

Condition-based malfunction forecasts help determine future risk indices


expand_more

Power generators need to ensure sufficient power-generating capacity in stable operation to meet ongoing commercial commitments, and to supply power during forecast peak demand periods. Unscheduled downtime must be avoided. In this case study, see how a solution providing daily updates on the expected future health of critical generating assets allowed plant operators to anticipate and proactively mitigate serious malfunctions and failures.

With our Lumada APM, a leading global commodities merchant was able to do the following:

  • Effectively schedule and scope maintenance activities
  • Minimise financial and operational impacts from downtime by identifying faulty or at-risk parts before issues became severe
  • Avoid risk of unplanned asset failures
  • Allow traders to adjust early commercial commitments based on power-generating unit availability