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Title: Nuclear industry strategic asset management: Managing nuclear assets in a competitive environment

Abstract

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.

Authors:
 [1];  [2];
  1. EPRI, Palo Alto, CA (United States)
  2. Commonwealth Edison, Downers Grove, IL (United States)
Publication Date:
OSTI Identifier:
678151
Report Number(s):
CONF-990605-
Journal ID: TANSAO; ISSN 0003-018X; TRN: 99:009136
Resource Type:
Journal Article
Journal Name:
Transactions of the American Nuclear Society
Additional Journal Information:
Journal Volume: 80; Conference: 1999 annual meeting of the American Nuclear Society (ANS), Boston, MA (United States), 6-10 Jun 1999; Other Information: PBD: 1999
Country of Publication:
United States
Language:
English
Subject:
29 ENERGY PLANNING AND POLICY; NUCLEAR POWER; NUCLEAR INDUSTRY; PROPERTY MANAGEMENT; DECISION MAKING; COMPETITION; ELECTRIC POWER; MARKET

Citation Formats

Mueller, H., Hunt, E.W. Jr., and Oatman, E.N. Nuclear industry strategic asset management: Managing nuclear assets in a competitive environment. United States: N. p., 1999. Web.
Mueller, H., Hunt, E.W. Jr., & Oatman, E.N. Nuclear industry strategic asset management: Managing nuclear assets in a competitive environment. United States.
Mueller, H., Hunt, E.W. Jr., and Oatman, E.N. Wed . "Nuclear industry strategic asset management: Managing nuclear assets in a competitive environment". United States.
@article{osti_678151,
title = {Nuclear industry strategic asset management: Managing nuclear assets in a competitive environment},
author = {Mueller, H. and Hunt, E.W. Jr. and Oatman, E.N.},
abstractNote = {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.},
doi = {},
journal = {Transactions of the American Nuclear Society},
number = ,
volume = 80,
place = {United States},
year = {1999},
month = {9}
}