Power Plant Economic Optimization
Intertek has extensive experience using economic forecasting and decision analysis tools to help maximize future profits.
Recommendations for major capital and maintenance expenditures should always be tempered by consideration of economics. Intertek is a world leader in detailed power plant cost unbundling, so plant services such as load following, on-off cycling, minimum load operation, and Automatic Generation Control (AGC) can be properly bid into competitive markets.
Economic Optimization of Power Plant Expertise includes:
- Value Assessment
- Due Diligence Review
- Risk Based Inspection (RBI)
- Capital Cost Justification
- System Dispatch
- Energy Trading Support
- Least Cost Coping Strategies
- Cost of Cycling Estimation
- Cost of Ancillary Services
- Variable O&M Cost Unbundling
- Generation Expansion Optimization
Intertek Power Plant Optimization Products Include:
- COSTCOM®
- Cycling AdvisorTM
- Life Optimization Database
- Risk-Based Inspection Timing Model
- Generation Screening Curve Model
Contact us to see how Intertek can help your organization with Power Plant Economic Optimization.