The town of Pori on the west coast of Finland comes alive every July thanks to an international jazz festival known for its world-leading performers. Another high performer is the local energy company, Pori Energia Oy, to whose ears optimal energy management is music – and clear cost savings. Read more
The concept of total cost of ownership (TCO) certainly isn’t new. Experts have traced its origins back to 1929 when the American Railway Engineering Association introduced the concept in their official manual. It noted that “in the event there is a surplus of power, then the total cost of ownership should be multiplied by the ratio of the cost of repairs to the total.” Read more
The planned maintenance shutdown of a pulp mill is a major investment that typically halts production for several weeks and requires significant capital and operational expenditure. Lengthening the interval between shutdowns and focusing maintenance activities to the right equipment are key elements of increasing revenues. Read more