With the launch of the 2010 Worldwide Power Generation Performance Analysis (Power Study), Solomon hopes to help power generators to identify performance gaps as a basis for improving reliability and operational cost allocations.

“The economic downturn combined with perceived and actual changes in regulatory direction around the globe have caused an evolution in the market and the way clients are operating,” said Ed Platt vice president of power. “We’re seeing that changing constraints in various regional generation markets are driving more companies to use benchmarking to evaluate performance in an evolving business.”

With changes like renewables increasing in regional markets, Platt sees the need for power generators to stay current with the operational changes of their peers as essential to survival. The confidential comparative analyses to help study participants accurately analyze their cost components in order to balance opportunities for improvements in cost, reliability, and production.

Interested companies may learn more about Solomon Associates’ power generation study by visiting solomononline.com/power or by contacting Ed Platt at 972.739.1719 or ed.platt (at) solomononline.com.