Know how to maximize maintenance spending
- Solomon Associates (United States)
Solomon has developed a methodology to determine a large optimum point where availability meets maintenance spending for Powder River Basin (PRB) coal-fired units. Using a database of sufficient size and composition across various operating ranges, Solomon generated an algorithm that predicts the relationship between maintenance spending and availability. Coupling this generalized algorithm with a unit-specific market-loss curve determines the optimum spending for a facility. The article presents the results of the analysis, how this methodology can be applied to develop optimum operating and financial targets for specific units and markets and a process to achieve those targets. It also describes how this methodology can be used for other types of fossil-fired technologies and future enhancements to the analysis. 5 figs.
- OSTI ID:
- 21240225
- Journal Information:
- Power Engineering (Barrington), Vol. 113, Issue 7; ISSN 0032-5961
- Country of Publication:
- United States
- Language:
- English
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