The useful life of a generating unit is limited not by design life parameters, but by the cost of maintaining the unit in reliable service, relative to the cost of alternative sources.
BCP’s technical capabilities, in-depth experience, and long, successful industry track record contribute to our clients’ development of solid, well-managed programs that address all salient issues.
BCP will help you operate your existing plants to support your corporate production objectives using the most cost-effective means.
Rethinking old strategies - Life Extension Programs
Technical Services
Fossil Generation Plant Services
BCP Fossil Generation Plant Services are designed to extend the expected nominal period of plant performance, as defined by availability, reliability, and heat rate, in a financially beneficial manner.
Fossil Generation Plant Consulting Services Offered by BCP
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Corporate Life Optimization and Production Planning
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Plant Life Optimization Planning
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Proper application of Preventive, Predictive, and Corrective Maintenance services
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Component Condition Assessment
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Maintenance Cost and Plant Cost Drivers Assessment
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Project Planning and Implementation
What Utilities and Plant Operators Should Expect from BCP Fossil Generation Plant Services
Through these services, BCP assists utilities and plant operators to achieve the following objectives:
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Ensure safe, reliable, and efficient use of older units to defer or predict the optimum time for adding new capacity, using proven, economically feasible technology.
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Maximize flexibility in utilizing old and newer units to meet financial objectives and supply electrical demands.
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Identify major Cost Drivers.
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Optimize Maintenance Costs, coordinating Maintenance strategies with Production strategies.
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Systematically assess the condition of a plant and its components, thereby anticipating the refurbishment of major equipment, or the unit's replacement, as opposed to reacting to catastrophic equipment failures.
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Establish true costs of operating older units beyond design and economic life.
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Optimize both major capital projects and O&M expenditures consistent with corporate financial goals.
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Establish a series of smaller capital projects that may be best timed, deferred, or even eliminated, based on current circumstances. This inherently presents lower overall political and economic risks than do the alternatives to unit retirement.
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Reduce outage costs and outage frequency.
The BCP Advantage
The important distinction between BCP's services and those normally available to fossil utilities is that BCP can provide your site with the ideal combination of the following skills and services:
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Technical component and system expertise.
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Strong project management skills, condition assessment expertise, including the latest condition monitoring technologies.
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Expertise in integrating long-range planning with corporate production planning.
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Optimization and reduction of maintenance costs.
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Performance of full-spectrum maintenance services, including Preventive, Predictive, and Corrective Maintenance.
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Total cost evaluation and reduction, including rate of return/payback determination.
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Complete component and plant rehabilitation services.
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Plant Life Extension and Lifetime Operating Management Plan development.
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Outage planning and outage management.