Power companies today deal with aging equipment, aging workforce, competitive pressures, rate price pressures, more stringent regulations, new construction, new technologies, new methodologies, and a shortage of qualified resources.   Base load and intermediate plants can absorb less risk than in the past and unplanned downtime delivers a severe penalty in lost revenue.  Peak load plants need to run when they are needed and cannot afford interruptions in scheduled production.  Every North American power plant is forced to comply with greater regulatory control.

New Challenges Create Opportunities

New challenges create opportunities greater than the power utility industry has ever seen.  PAS 55, for example, is a mandated asset management standard in the UK that has proven itself an effective “roadmap” for success in the challenges discussed above.  North American companies are now adopting PAS 55 as a guideline for their own business transformation. 

Ivara EXP is built to support the changes in power generation.

Better use of technology is part of the puzzle, and Ivara EXP has proven itself as the ideal instrument for change according to PAS 55 standards. Remove bottlenecks and inefficiencies, minimize risk, maximize reliability and bring operating costs down to a level that competes on a global scale, lest be forced into change of a different sort.  The DOE, FERC, NRC, OSHA and others are proactively  auditing; as well as measuring and responding to each incident.  Stockholders, Executives, Operations Management and other company stakeholders manage new competitive forces and a new industry dynamic.

To get more information on Ivara’s solution for Power Generation, call Ivara at 1-877-746-3787 today.