As the worldwide demand for electricity grows, the power industry is facing an increasingly competitive climate. Issues such as deregulation and privatisation, security of supply, emissions legislation, nuclear waste and a growing number of ageing plants are all important in setting the current and future market. A diverse mix of generation capacity from nuclear to thermal, hydro and CCGT plants as well as new and renewable energy sources is inevitable with each technology being valued for its own characteristics and local economics.
Particular market trends are: higher efficiency fossil plants; life extension and planned refurbishment of nuclear, fossil and hydropower plant; management and storage of nuclear waste; increased use of new and renewable energy sources together with carbon management.
TWI, with its 55 years of experience and innovation in manufacture, asset integrity management and materials is working with OEMs, utility companies, research organisations, service companies, nuclear decommissioning agencies and regulators in all the above areas.
Experience indicates that power companies who commit funding to the development of new technologies and skills rapidly reap business benefits in terms of value that greatly exceeds their original investment.
TWI can help you fulfil your technology needs and so enable you to achieve these benefits.
Contact: power@twi.co.uk
