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.

This article covers some of the leading asset management strategies that help drive efficiencies across plant operations and ...

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 ...

Obsolete power plants continue to cost ratepayers. Now, the push to generate unprecedented amounts of electricity for data centers risks creating another $1 billion in “stranded ...

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 ...

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 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 ...

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 ...

Aging power plants are not necessarily liabilities. Owners must consider all of their options for both sites and equipment before they inadvertently discard valuable assets. The shift toward renewable ...

AMHERST, N.Y.--(BUSINESS WIRE)--Amidst a global move towards renewable energy sources, decarbonization and net zero emissions, EtaPRO LLC, a Toshiba Group Company, has installed its asset condition ...