Making Aging Power Plants Smarter In A Dynamic And Competitive Power Market
Many challenges threaten the viability of aging power plants. Implementing intelligent solutions can help these plants adapt to growing demands to stay competitive in this ever-changing landscape
All aging power plants have one thing in common – significant challenges to their continuing viability, deriving from increased competition, tighter regulations and declining experience in the workforce. Their declining income due to decreased kWh sales, inevitably leading to lower profitability and extreme pressure on O&M budgets, coupled with required duty cycles that are often far beyond the original design basis, tougher emissions requirements and increasingly stringent grid codes, put these plants in a difficult situation. Implementing intelligent solutions can help these plants adapt to growing demands to stay competitive in this ever-changing landscape.
Download this white paper to learn how:
- Digitalization can increase dispatch probability and boost income opportunities
- To minimize the cost of operating the plant and better manage equipment life consumption and O&M expenditures
- To bridge the gap from a retiring experienced workforce to future plant operators by leveraging data and expert knowledge
- Mitsubishi Power’s TOMONITM suite of intelligent solutions is already benefiting power plants around the world.