Power plants typically schedule one or two annual maintenance outages and only perform maintenance when equipment fails. However, with increased competition from deregulation and new sources of renewable energy coming on to the grid, there is an enhanced focus on improving equipment uptime and lowering repair and outage costs.
A robust data-driven predictive maintenance approach is increasingly becoming table-stakes. Petasense services leading power generation companies in the US and helps them monitor critical, balance-of-plant machines.