Whilst asset management activities include for a degree of optimisation, there can be a need for strategic interventions to assess the potential for performance improvements. This can be associated with the project approaching a critical milestone such as the end of a service contract, wholesale refurbishment, the expiry of manufacturer warranties or manufacturer maintenance support, or the potential sale of the project. It can also be tied to wider benchmarking of the project within a portfolio, or to best practice across the industry.
Latent issues can become apparent years after plant commissioning following expiration of contractor warranties and financial securities. For this reason, in-depth quality and performance assessment is highly recommended, especially prior to financial milestones. Such assessment often pays for itself as the early detection of certain issues may save a project from unpredicted future expenditure.
MAIN BENEFITSAt the heart of RINA Consulting’s expertise is the independent identification and evaluation of technical and commercial risk, underpinned by the comprehensive assessment and implementation of practical, cost effective risk management.
Whether working directly for the owner, project developer or investor, RINA Consulting is well-qualified to provide an independent quality and performance assessment.
Our operational services are tailored to the specific needs of the client and project, with special attention given to time restrictions and a cost effective approach.
Our assessments include a suite of desktop and on-site technical analyses. These can be carried out periodically from commissioning to the end of the operational lifecycle, to ensure optimal levels of performance and to mitigate against future issues, or on an ad hoc basis for the investigation of unexpected underperformance.
WHY RINA CONSULTING?RINA Consulting has advised on over 30 GW of renewable energy projects, from development through to asset management. Our expertise in a wide range of issues enables us to carry out a dynamic investigation programme, including review of historic operational data as well as incorporating a suite of independent onsite and laboratory tests.
Experience has shown that plant performance is variable. Whether the asset is operating as expected or is showing issues, we help our clients to keep it performing in a safe, reliable and durable way to increase financial gains.
DELIVERY PROCESS AND TEAMOur performance analysis services cover the following key areas:
O&M review: Benchmarking of technology or support services, spare parts and supply management strategy, retrofit or replacement planning.
Maintenance: Review of maintenance practices to ensure compliance with contracts and standards to keep operations aligned with industry best practice.
Service performance reconciliation: Desktop assessment, from a high-level review to a complete data trawl, in order to reconcile pre-construction estimates with operational data.
Power performance tests: Detailed analysis of electrical output to assess plant performance in relation to operational storage energy capacity, power response across the system’s full state-of-charge range and speed of system response to operational triggers and thresholds.