The issues that the Power sector faces are numerous:
- High and fluctuating costs of fuel, resulting in narrow profit margins
- Stringent regulatory and environmental compliance requirements
- Uneven load cycles, resulting in inefficient operation of power stations
- Time-sensitive per energy costs, which cause frequent loading/unloading on the power plant
- Significant losses due to unplanned shutdowns
- Lack of effective preventative or emergency maintenance
- Shortage of skilled manpower, and loss of critical process and maintenance knowledge due to a retiring workforce