Nuclear industry strategic asset management: Managing nuclear assets in a competitive environment
- EPRI, Palo Alto, CA (United States)
- Commonwealth Edison, Downers Grove, IL (United States)
The former Electric Power Research Institute took the lead in developing an approach now widely known as strategic asset management (SAM). The SAM methodology applies the tools of decision/risk analysis used in the financial community to clarify effective use of physical assets and resources to create value: to build a clear line of sight to value creation. SAM processes have been used in both the power and other industries. The rapid change taking place in the nuclear business creates the need for competitive decision making regarding the management of nuclear assets. The nuclear industry is moving into an era in which shareholder value is determined by the net revenues earned on power marketed in a highly competitive and frequently low-priced power market environment.
- OSTI ID:
- 678151
- Report Number(s):
- CONF-990605--
- Journal Information:
- Transactions of the American Nuclear Society, Journal Name: Transactions of the American Nuclear Society Vol. 80; ISSN 0003-018X; ISSN TANSAO
- Country of Publication:
- United States
- Language:
- English
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