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Is it better to build a new energy plant, or to modernize the existing one?
We offer modernization services for energy plants of all sizes and types.
Typically, modernization might aim to increase the nominal load of a plant, to extend its service life or to improve emission control systems. In its simplest form, modernization may mean adjusting plant parameters or optimizing combustion; in its broadest sense, it means only the buildings and foundations of the old plant remain.
When is modernization necessary?
It is necessary, for example, when the usability of an old plant begins to decline, operating and maintenance costs increase, equipment and operating requirements require renewal as legislation changes, or critical components form a bottleneck for production.
Our distinctive modernization projects address plant parts that encounter continuous wear and have a failure rate that increases with age. These include parts such as fuel handling equipment, the furnace, boilers and other pressure equipment and incidental systems.
We also modernize plant control, logic and automation systems. Connecting the plant to our comprehensive PlantSys service platform enables remote controlled energy production, digitalization of maintenance operations, and data logging to support plant optimization and decision-making.
In the not-too-distant future, the utilization of artificial intelligence will provide substantial real-time predictive analytics and guidance to manage and enhance the plant’s overall efficiency.
Why is modernization a good option?
When an old plant is modernized, the basic infrastructure, i.e. foundations, buildings, fuel supply, and electrical and automation systems, already exists. When a new plant is built, this infrastructure forms up to about 30 percent of the plant’s outlay. Thus, the cost savings in modernization can be significant when compared to the cost of building a new plant.
In addition, legislation on energy production is constantly being reformed and tightened. Decisions on renewable energy raw materials have a significant impact on energy companies’ investment decisions, for example.
By modernizing the old plant, it can be upgraded to meet the current equipment settings and thus buy some extra time for planning larger investments.
What does the modernization project include?
We always tailor our modernization services to the customer’s needs and offer them on a total delivery basis. Delivery includes design, manufacture, installation and commissioning. We provide services together with our reliable partners, who are the best in the given region.
In the case of a large-scale modernization, we will, if necessary, make a comparative offer, which compares the price of the new plant with that of the modernization.
We also offer a life cycle analysis service for older plants, through which we find out what is needed for the current condition and maintenance of the plant, system by system. We tell the client what needs to be repaired or overhauled immediately and what to prepare for, for example, in three years’ and five years’ time.
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