| | Practice Areas | |
| | Nuclear Asset Management: Overview | |
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Over the past 10 years, advances in nuclear generation have surpassed every other sector of the utility business in terms of productivity and unit cost. Much of the progress is due to sustained improvement in operating and maintenance performance.
As capacity factors exceed 90%, further improvement to production costs must come from expense reduction and enhanced cost management.
Maintaining productivity gains while further reducing costs will be difficult in the face of new challenges:
- Complexity of maintaining an aging fleet
- Loss of intellectual capital with over 45% of the nuclear workforce eligible
to retire in eight years
- New financial demands (security, life cycle extension, spent fuel disposal,
etc.)
- Focus on operating nuclear plants as a business
The MCR approach to Nuclear Asset Management helps our clients overcome these challenges through:
- Developing long-term cost strategies
- Comprehensive benchmarking to highlight cost improvement opportunities
- Institutionalizing a long range planning, project
evaluation and prioritization process
- Analyzing staff and redesigning the organization
- Improving work management processes
- Implementing the Standard Nuclear Performance Model
MCR brings a wealth of experience working with client teams to identify and
quantify areas in which to improve productivity and lower costs. We will help
you achieve results.
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 MCR gave us the ability to align our spending targets with our risk tolerance, significantly increasing the depth and credibility of our plans. |
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