To remain competitive utilities need to target inefficiencies in overall O&M spend.
Unplanned maintenance and downtime due to equipment
failure impacts utilities ability to generate revenue.
Experts with decades of knowledge within the nuclear
industry are leaving at an alarming rate.
The ability to obtain qualified replacement and spare parts are
primary concerns in the nuclear industry to ensure plant availability.
High cost of entry to obtain digital toolset and recruit and
retain software engineers & data scientists to support it.
APPROXIMATELY
$135M
O&M spend on average per power plant
over
$1 million
of lost revenue per shutdown per day
50%
of the current energy utility workforce will retire within the next 10 years
Smart Energy International
35%
of installed equipment is obsolete
POMS
over
$5M
annually to develop and support a utility's own digital platform
