Performance & Asset Management

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Performance & Asset Management

Overview

SPEC supports plant operators through performance optimization initiatives and asset management planning aimed at improving operational efficiency and supporting equipment lifecycle management.
SPEC Services Rev 4

Performance Optimization

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  Availability improvement initiatives
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  Turbine efficiency assessments
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  Retrofit studies
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  Lifecycle extension studies

Additional activities include:

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  Heat rate optimization
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  Load optimization
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  Emissions reduction strategies
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  Fuel saving strategies

Performance monitoring includes:

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  KPI-driven reporting tied to bonus and penalty clauses
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  Technology upgrade assessments
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  Reverse engineering capabilities

Asset Management

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  Full asset lifecycle planning.
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  Capital planning and budgeting.
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  Spare parts forecasting.
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  Inventory optimization.
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  Warranty claim administration.
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  Vendor and third-party management.
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  Contract administration.
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  Cost tracking and reporting.
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  KPI benchmarking.