Formerly known as UMS Group Europe
The utility industry is undergoing rapid and profound transformations. Factors such as the decentralized influx of green power, including distributed renewables and hydrogen, advancements in energy storage technologies, the Internet of Things (IoT), big data, and the integration of robotics, automation, AI, and machine learning, coupled with escalating customer expectations and regulatory demands, are compelling the necessity for fresh strategic perspectives and substantial business overhauls. Across various strategic and operational domains, we provide inventive, pragmatic, and scalable solutions to address the challenges of both the present and the future.
Are you ready for what’s coming? Let us help you lead the way.
At OHROS Consulting Group, we consider it our mission to assist organizations in navigating the unavoidable transition towards the Energy of the Future. We recognize the need for evaluating, reconsidering, and implementing strategies at the executive level in response to this global transformation, all while maintaining an awareness of the implications these new strategies may have on the reliability of your generation, distribution, and transmission systems.
Asset Management involves overseeing physical assets throughout their life cycle. Establishing a robust asset management system within an organization not only enhances efficiency, quality, and cost-effectiveness but also crucially ensures transparency in asset decision-making.
The objective of commercial asset management is to optimize revenue generation from both existing and prospective assets, while carefully considering the risk profile of the asset owner. These assets can encompass contractual and tangible assets, including conventional generation, gas storage, district heating, renewable generation, and waste incinerators.
In 2013, the international standards of ISO 55000 were established. ISO 55000 is centered around the creation of a proactive asset management system designed to oversee assets and asset systems throughout their life cycles. This system aids in attaining the necessary performance and safety standards, optimizing assets, and reducing the total cost of ownership. The standard comprises three sub-standards…
As an Institute of Asset Management (IAM) Endorsed Trainer, OHROS Consulting Group provides tailored on-site training for project teams aiming for IAM Qualifications. Additionally, we offer training for organizations pursuing asset management best practices and ISO 55000 certification.
In an industry undergoing rapid transformation, particularly within energy and utility companies, Portfolio Optimization emerges as a key focal point for continuous improvement and scrutiny. Companies need to demonstrate strategic, prudent, and optimal planning and execution of their expenditures. Short-term budgets must align seamlessly with long-term strategic objectives, accommodating realistic constraints such as budgetary limitations, resource availability, and other factors.
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