Condition Monitoring/Predictive Maintenance - Statistics

Smart Grid Reliability Solutions – Invest in Capital or Continue to Maintain Existing Assets? [Maintenance Tip]

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That is the question—one of the key decisions impacting performance and profitability in the power industry is whether or not to make a capital investment to upgrade your infrastructure or continue to maintain your existing physical plant. The inputs to this decision are the current state of your assets and their expected deterioration, as well as the current state of customer demand and expected future demand. A fact-based model can be created to assess the…

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