Maximising returns on dead assets: How to increase a facility’s reliability and generate revenue

Abstract

On‐site power has many potential benefits, from temporary relief to congested transmission and distribution systems, to alleviating problems created by incorrect load forecasts, all the way to meeting the load requirements of a facility. Many of these assets are being installed to take advantage of one or more of the above opportunities. This paper shows how effective utilisation of these assets not only increases the reliability of a facility, but also helps generate revenue from assets that would otherwise sit idle. It goes on to demonstrate to facility managers how they can successfully implement such a model through better understanding of their facilities’ needs combined with financial details of various programmes offered by local suppliers of electricity.

Citation

Patel, B.S. (2003), "Maximising returns on dead assets: How to increase a facility’s reliability and generate revenue", Journal of Facilities Management, Vol. 1 No. 4, pp. 337-346. https://doi.org/10.1108/14725960310808042