Smarter asset management for renewable energy

Abstract

By 2020, 30% of the UK's electricity is targeted to come from renewable sources - an increase from 9.5% in 2011. As the industry grows, it must make critical decisions regarding the deployment of capital investment, how projects and resources are planned and managed, and how the operations and maintenance strategy will optimise performance and Return on Investment (ROI) across the lifecycle. This paper outlines how smarter asset management solutions, applied across the renewable energy project lifecycle, can lead to: accelerated construction time, reduced downtime, increased reliability and enhanced ROI.