The role of thermal power generation is shifting like never before. Once it provided baseload electricity for many markets. But now, with the integration of renewables, thermal power is often used to steady a grid. It’s a stable backbone in energy production.
Trends in the market are driving thermal power generation to be more cost-effective, and generating companies absolutely want to make the most of their assets. And do so in a way that's environmentally friendly and socially responsible, which includes geothermal power generation. Evolving governmental regulations are having a positive impact on how we design and construct, too. Our commitment to cleaner and more affordable thermal power pushes us to challenge the status quo—the conventional ways thermal power generating plants used to be designed, built, and operated.
Today, modern thermal power stations must be agile—able to perform beyond intended design, and flexible to the demands of the changing market. So that's what successful energy projects now must deliver: the right technology, together with the best fuel source and a design that meets current energy, environmental, and social regulations. All this, and strong project economics, too.
An alternative power source to consider is geothermal energy production which offers a stable base-load, long-term, low-risk advantage with the potential to also provide by-product heat. Through the gathering, aggregating, and interpreting of geologic data, our experienced geothermal experts provide you with the skills required for your project’s success.
Engineering, procurement, and construction management
Proven procedures and processes are needed to deliver successful EPCM projects, whether in grid-connected or remote locations. Our global vendor database can evaluate the best technologies and equipment almost anywhere in the world. Our procurement-and-construction management team understands quality-assurance compliance, from factory to site to service.
Prefeasibility and feasibility studies
It's important to select the most commercially viable option and complete sufficient up-front engineering work to determine a project’s viability. To minimize risk, approximately 25% of the engineering should be completed in the feasibility phase, defining and developing a comprehensive scope of work, project execution plan, and cost estimate. Our sustainability-in-design concept incorporates social and environmental responsibilities early in the life cycle, ensuring principles and concepts are factored into achievable project objectives.
Support is critical during the design and construction phases. Plants must be designed and constructed to meet the technical requirements of applicable contracts. You need a partner who'll be a member of your cohesive team, verifying designs, monitoring construction, and proactively addressing issues.
Technical advisory and consulting services
The success of a project, from concept development to commercial operation, depends on the effort applied at the front end. A partner with the right technical expertise will work alongside you, offering support through every phase to ensure success.
Plant optimization and operational support
In uncertain economic climates, power generators must optimize their asset-management practices and extend the life of their plants. You need to achieve more, but with limited capital. We partner with our clients to make the most of their existing assets. We understand your business; embrace your business drivers as our own. And dedicate our technical excellence to finding solutions that realize better business outcomes for you.
Independent engineer (for investors and lenders)
Lenders want to know that their investments are safe. An assessment conducted by a trusted advisor puts them at ease, knowing that the project is technically and financially sound.