Plant assets and equipment usually represent a large portion of a company's total assets. The cost to maintain and depreciate fixed assets can also be a big line item expense on the income statement.

From voltage variability to grid limits, this article explores why energy resilience is emerging as a core challenge for ...

Asset data is crucial in the power generation industry. Without it, utilities are forced to speculate about how long their assets will last, when they will need repair, and which strategies will ...

Asset management means different things to different people. But it boils down to converting raw data and observations about equipment and components into information and knowledge that is then used, ...

The autonomy and sophistication of assets continue to evolve as technology advances. That, and stiff competition, leaves no room for error in asset management ...

The last area where plants tend to give up manual monitoring and take up automation is asset health management. Here’s why operations and maintenance teams must take this critical step. In the ...

A factory and its machinery are examples of plant assets. Broadly speaking, an asset is anything that has value and can be owned or used to produce value, and can theoretically be converted to cash.

The asset management of solar plants has come under increasing focus in recent years as installations age and maintenance activities are needed, especially for plants that were not designed with ...

There is a myth about solar photovoltaic (PV) plants, that once the plant is built and the panels installed, as long as the sun is shining, the plant will require minimal management and operational ...

A coal-fired power plant in Pennsylvania will have its assets liquidated. Asset management company Stuart B. Millner & Associates signed a contract with Piney Creek Limited Partnership to liquidate ...