Plant Benchmarking

We have developed flexible procedures, tools and techniques for measuring plant performance, so we can compare the performance of our clients’ units to that of others and identify “top of the class” performance standards for their peer groups.

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Cost Analysis

We can project the current and future maintenance costs and performance impact caused by plant cycling operation through top down and bottom-up analysis according to cold, warm and hot starts, allowing more accurate planning of future plant maintenance budgets and greater insight into a plant’s potential schedule rankings, profitability and risks.

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Frequently Asked Questions

There are many benefits to Cost Analysis & Benchmarking, including, but not limited to:
  • Improved decision-making: Cost Analysis & Benchmarking can help you make better decisions about product development, pricing, and marketing.
  • Reduced costs: Cost Analysis & Benchmarking can help you identify areas where costs can be reduced, which can save you money.
  • Improved efficiency: Cost Analysis & Benchmarking can help you improve the efficiency of your operations, which can lead to increased profits.
  • Increased competitiveness: Cost Analysis & Benchmarking can help you become more competitive in your market.
Cost Analysis & Benchmarking is the process of identifying, quantifying, and analyzing the costs associated with a particular product, service, or activity. It plays a crucial role in the power industry, as they help organizations identify areas where they can optimize their operations and reduce costs ETD has extensive experience in Cost Analysis & Benchmarking and has worked with a wide range of clients in the power plant, boiler, and process plant industries. We use a variety of methods to conduct Cost Analysis & Benchmarking, including data modelling, process inspection, stress and fatigue calculations, fracture mechanics, creep analysis, and design modifications.
Power plant equipment failure can lead to significant downtime, costly repairs, and even safety hazards. ETD Consulting offers plant quality and reliability assurance services, including risk assessment, replication, hardness testing, ultrasonic testing, and magnetic particle testing, to help identify potential equipment failures before they occur and minimize risk.
There are two main types of Cost Analysis & Benchmarking:
  • Internal Cost Analysis & Benchmarking: This type of Cost Analysis & Benchmarking compares the costs of different products or services within a company.
  • External Cost Analysis & Benchmarking: This type of Cost Analysis & Benchmarking compares the costs of different products or services between companies.
ETD Consulting provides design modification services for existing engineering parts, helping organizations optimize their operations and reduce costs. By using advanced modeling and simulation tools, ETD Consulting can identify design modifications that can improve performance, reduce maintenance costs, and extend the life of existing components.
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