Once built, the regulations, technology and competitive environments continue to evolve
Ongoing Asset Management requires not only administration of existing contracts and operations, but proactive adjustment to take advantage of emerging opportunities or threats- Some Examples:
- Independent System Operators come out with new programs to compensate owners of generation for demand response or other ancillary services
- Power Marketing opportunities in the wholesale markets evolve to make lower prices more attractive for excess production capacity
- Policy makers implement programs to increase the competiveness of renewable energy to the detriment of traditional generation
- Evolving Air emission requirements become more difficult to meet
- New technologies that can be incorporated into existing equipment can increase efficiency or improve environmental performance
- Controls and Systems to facilitate more economical dispatch of distributed generation render existing systems ineffective
- Potential new customers for existing distributed energy resources emerge
