WASHINGTON, D.C. – June 19, 2012 – Navigant (NYSE: NCI) today announced the recipients of the Generation Knowledge Service Plant Operational Excellence Awards. The awards, based on data available to Navigant through its proprietary data base, represent coal-fired plants that have best demonstrated excellence in cost and operational management over the most recent five year period (2007-2011).
The awards are based on detailed analysis of cost, performance and safety data from Navigant’s industry leading Generation Knowledge Service (GKS®) database, which contains data for more than seventy-seven percent of the U.S. electric utility generation coal fleet—representing more than 216,000 MW’s of generation and more than 640 coal-fired units. The analysis of cost and performance includes a weighted comparison of non-fuel operation and maintenance costs and availability / reliability measures during the five year evaluation period. Award winners must also demonstrate safety performance in the top half of their respective comparison groups.
“The generation industry is facing market pricing pressures, a continually aging fleet, increasing levels of environmental regulation, and aging workforce issues. The ability of energy generation companies to successfully manage these challenges is a tribute to their dedication to meeting the energy needs of this country in a very responsible way,” said Dale Probasco, Managing Director at Navigant. “We see this dedication at both newer and older plants, which certainly validates that good management practices are ageless.”
Eligible coal plants were separated into three classes for evaluation purposes based on the average unit size. The top and runner up plants for each class are:
>500 MW Average Unit Size Range
- Top Performer: Cayuaga Station – Duke Energy
- Runner Up: Robert W. Scherer Plant – Southern Company
201 – 500 MW Average Unit Size Range
- Top Performer: Clover Power Station – Dominion Generation
- Runner Up: Allen Steam Station – Duke Energy
<200 MW Average Unit Size Range
- Top Performer: Kenneth C. Coleman Generating Station – Big Rivers Electric Corporation
- Runner Up: Mecklenburg Power Station – Dominion Generation
Learn more about Navigant’s fossil, hydro and wind benchmarking services here. To learn more about the GKS® Plant Operational Excellence Awards, contact Dale Probasco at firstname.lastname@example.org or 612.868.5955.
Navigant (NYSE: NCI) is a specialized, global expert services firm dedicated to assisting clients in creating and protecting value in the face of critical business risks and opportunities. Through senior level engagement with clients, Navigant professionals combine technical expertise in Disputes and Investigations, Economics, Financial Advisory and Management Consulting, with business pragmatism in the highly regulated Construction, Energy, Financial Services and Healthcare industries to support clients in addressing their most critical business needs.