Asset Management
Managing infrastructure assets nearing the end of their economic and practical life, as well as, managing resource shortages due to retirement and financial constraints are critical functions for utilities. Utilities must embrace a comprehensive approach to asset management to enhance their balanced cost control, performance requirements, and return on investment. Independent power producers entering the market may find that they will want expert support to enhance the life and profitability of their investments.
The optimization of an Asset Management Plan ensures a reliable fleet of efficient equipment and effectively incorporates new technologies, which increase system capacity and efficiency. ZE Power Engineering has a multi-disciplinary team and can respond to full reviews or limited scopes, which would include:
- Condition assessments and inspections
- Asset life cycle analysis
- Cost review on operations
- Strategic capital allocation based on improved engineering techniques
- Optimized maintenance scheduling
- Planning and scheduling process design that match the physical maintenance work to the physical assets in the field.
- Asset database development to capture information about asset health and work history
- Knowledge capture through optimized maintenance standards
ZE Power Engineering’s Asset Management services enhance the client’s ability to make informed decisions on the capabilities of the organization, meet or exceed benchmarks for asset and network reliability, strengthen the link between financial decisions and the asset's physical performance.