ABB Turbocharger PM Model Demonstrates RoI
ABB announced study results which show a 202% return on investment (ROI) from using ABB Preventive Maintenance. The new study indicates that the payback of preventive maintenance is immediate, while the Net Present Value - a measure of profitability of a projected investment – can be around US$1.3 million over three years for a typical organization. Preventive maintenance involves maintaining and servicing equipment at regular intervals in line with manufacturer recommendations, rather than waiting to carry out reactive or corrective repairs – also known as ‘corrective maintenance’. According to the study, a corrective maintenance approach can have financial consequences for a company.
Navy Seeks Renewable Ocean Energy Technology
Kaneohe Bay, Hawaii – The Navy’s energy future was the focus of a two-day NAVFAC Conference and Industry Day, held March 26-28 at the Koa Malina Officers Club, Marine Corps Base Hawaii (MCBH), Kaneohe Bay. The Navy, in partnership with the U.S. Department of Energy, will select three ocean energy power developers to occupy Wave Energy Test Site (WETS) moorings at Kaneohe Bay. "The Navy is committed to reducing our dependence on fossil fuels and is leading the way on the development of viable, renewable energy sources,” said NAVFAC Pacific Vice Commander Capt. Pete Lynch. “NAVFAC Pacific is working on ways to make the Navy’s shore infrastructure more energy independent and strengthen our energy security position. The ocean is an untapped resource and possible source of renewable energy.
