Is your £22 million revenue project at risk?
As the renewable energy sector continues to grow, generation from renewable projects needs to be maximized as we move towards a reliable net zero future.
As the renewable energy sector continues to grow, generation from renewable energy projects needs to be maximized as we move towards a reliable net zero future. To maximize generation, asset managers need to maximize asset availability, as any downtime will result in an immediate loss of generation in a part of the project or the entire project, incurring additional costs.
A key asset for the project is the power transformer that connects the wind, solar or storage project to the electricity grid. A failure of this asset will result in loss of generation from the entire project. Whilst these assets should have a lifetime which is longer than the design life of the overall project, an increasing number of projects are experiencing failures of these assets early in their lifetime.
The article highlights the importance of maximizing asset availability in renewable energy projects, mainly focusing on power transformers. It emphasizes the need for online monitoring and data-driven asset management to detect faults and make informed decisions.
A case study featuring Camlin Energy‘s solutions exemplifies their role in preventing revenue loss.
#asset availability#Camlin#data-driven asset management#online monitoring#renewable projects
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