Asset Management for Power Generation

Run the math against $50K-$300K/hour for combined cycle for downtime cost. A single avoided unplanned shutdown on a critical asset usually pays for six to twelve months of program cost. Most Reliability Consulting for Power Generation Plants sites we work with see 3:1 to 6:1 program ROI inside year one, with the higher figures showing up at sites with higher hourly downtime costs. Sites with very high downtime costs ($100K/hr+ in some Reliability Consulting for Power Generation Plants operations) can see 10:1 or better.

Where NERC PRC-005, EPA MATS, OSHA arc flash requires documented preventive maintenance and equipment condition tracking, Asset Management data provides the audit-ready evidence. Measurements traceable to ISO 55001, calibrated instrumentation records, written procedures, and finding-to-work-order tie-back. The program isn't structured to be a compliance tool — but the data it generates as a byproduct usually closes 60-80% of an inspector's questions about equipment condition.

Baseline is continuous lifecycle tracking. Power Generation environments often justify tighter intervals on a subset of assets — specifically those most exposed to turbine reliability, generator winding condition, boiler tube integrity. The Asset Management program scope at most Power Generation sites we work with covers 30 to 80 critical assets in detail, with broader screening on the supporting equipment. Cost works out to $25K-$80K initial setup for the detailed assets.

Run the math against $50K-$300K/hour for combined cycle for downtime cost. A single avoided unplanned shutdown on a critical asset usually pays for six to twelve months of program cost. Most Power Generation sites we work with see 3:1 to 6:1 program ROI inside year one, with higher figures at sites with higher hourly downtime costs. Sites with very high downtime costs ($100K/hr+ in some Power Generation operations) can see 10:1 or better.