Achieve your goal of providing uninterrupted service from your cogeneration plant with optimized energy efficiency and costs.
Every cogeneration facility is uniquely designed to serve a specific purpose, but all have the common goal of providing uninterrupted service while optimizing energy efficiency and controlling costs. The Worldwide Power Cogeneration Performance Analysis (Power Cogeneration Study) was founded by experts with decades of experience managing power generation facilities to ensure that you receive valuable and practical insight to support sustained performance improvement.
The study provides a clear view of how your cogeneration facility is performing compared to your peers, no matter what type of process or fuel you’re using, and helps you properly allocate your limited resources to keep reliability high and minimize risks. We help you make appropriate business decisions based on a foundation of solid, accurate, and detailed data to maximize your assets and revenues.
With increasing costs across the industry, you need reliable data and expert insight to create a solid cost-management strategy. The study provides you the quality, detailed data you need to reduce operational unreliability, which is potentially your largest business cost. Our Cogeneration Redundancy Factor shows how your level of redundancy compares to your peers, and the costs associated with that redundancy. After the study is completed and results delivered, we can help guide you in your performance improvement efforts to identify focus area for improvement, set targets, and execute plans to improve your performance and profitability.
Learn How You Can Participate
Obtain a clear picture of your competitive position with data-driven, actionable insight. Make informed decisions and justify your stategies and improvement projects.
Closing Performance Gaps
What gaps do you struggle to close? What quick and near-term actions will have the biggest impact on performance excellence and profitability? We know what good looks like… and how to get there.
Access the largest database of performance data for the power industry, with data on
coal generation units and
gas, oil, and cogeneration units.
How Do You Compare?
Get answers to the critical questions key to your business’ success:
- How reliable are my facilities?
- How does my equipment utilization compare?
- Are my operating expenses comparable to companies with similar facilities?
- Do my facilities produce a competitive gross margin, accounting for my utilization and complexity?
- How do I compare across the industry?
Data Quality, Benchmarking Methodology
A Foundation for Effective Comparative Performance Analysis and Decision Support
We prioritize the integrity and confidentiality of participant-submitted data and rigorously review that data before benchmarking begins. Then, we employ our normalization process and benchmarking methodology to provide valuable and trusted peer group comparisons that deliver meaningful KPIs. Finally, our staff of senior consultants apply their deep industry experience to develop practical insight and recommendations to enable your success.
If your organization is new to one of our studies or has experienced challenges completing the study data input forms, Solomon can help. Data quality and a proven benchmarking methodology enable results and insight you can trust. Contact us today!