MidAmerican, PacifiCorp and Southern Company power stations recognized as top performers
WASHINGTON, DC – Today, Navigant Consulting, Inc. (NYSE: NCI) announced the winners of the Generation Knowledge Service (GKS) Plant Operational Excellence Awards. The awards recognize coal-fired and combined cycle power plants that have demonstrated excellence in cost and operational management, as well as improved performance and reliability.
Eligible coal plants were separated into two classes based on average unit sizes. The top and runner-up plants for each category are:
Small Coal – ≤ 500 MW Average Unit Size Range
Large Coal – > 500 MW Average Unit Size Range
“The challenges coal and natural gas power plants face today are phenomenal,” said Dale Probasco, managing director of Global Generation Services at Navigant. “Revenue for coal power plants has dropped precipitously in the last few years placing enormous demands to reduce spending while maintaining reliability. Combined cycle plants are also facing less than minimal levels of revenue while meeting reliability demands in markets that use high levels of variable resources. The level of commitment shown by the people operating these plants demonstrates the dedication they have toward meeting the energy needs of their customers.”
The GKS Plant Operational Excellence Awards are based on a review of cost and performance data over the most recent five-year period (2013-2017).
Winners were selected after a detailed analysis of cost and performance data from Navigant’s industry leading GKS database, which contains data on more than 230,000 MW of coal-fired generation and nearly 85,000 MW of combined cycle generation. The analysis of cost and performance includes a weighted comparison of non-fuel operation and maintenance costs and availability and reliability measures during the evaluation period. Winners must also finish in the top half for safety performance.
Winners were initially announced at Navigant’s annual GKS User’s Meeting held in Tampa, Florida on May 15-17, 2018.
For more information about the GKS Plant Operational Excellence Awards, or to learn more about Navigant GKS, click here or contact Dale Probasco at +1.612.868.5955.
Navigant Consulting, Inc. (NYSE: NCI) is a specialized, global professional services firm that helps clients take control of their future. Navigant’s professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage, and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the firm primarily serves clients in the healthcare, energy, and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant’s practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com.