Maximizing Your Assets for the Results You Need
Introducing Filsinger Technical Services
A Filsinger Energy Partners sister company
Filsinger Energy Partners is proud to introduce its sister company, Filsinger Technical Services, providing the same level of excellent quality our clients have come to expect, but with a different focus.
FTS works with power generation companies to transform their assets into financial success stories.
What sets us apart?
Our advantages are based on the strength and experience of our team of advisors. Our advisors “know what success looks like” based on their multiple years of boots-on-the-ground experience in the industry, including operating, maintaining, and managing power generation facilities at both the corporate and plant levels.
We start by understanding the business drivers, spending time in the plants to assess relative performance, then assisting in the development and facilitation of gap closure plans. Additionally, as a sister company to FEP, the FTS advisors have access to FEP's power market expertise, models and data to provide a holistic view of industry trends.
We can relate.
Our seasoned advisors are able to ramp up quickly, and they can also relate to employees at all levels of the company — from the board room to the control room. FTS quickly identifies the largest opportunities for improvement.
FTS Services Include
Align Plant Performance with Market Needs:
A four-phased approach to assess the current state of the asset, identify performance gaps relative to the key business drivers, develop and implement a plan to close the gaps, and enable sustained performance.
Facilitate development and execution of strategy to safely and economically flex the units to fit the current requirements of the ever-changing energy market.
Plant Assessment: On-site review of the condition of the facility, plant preparedness for all operating conditions, emergency management planning, and more. We help determine: readiness for an asset sale or acquisition, preparedness of an asset for the next weather season, and status of an Emergency Operations Plan (EOP).
Leadership Development: A 10-month program designed to invest in key leaders who are expected to deliver results and step into the next level of leadership within the organization.
An Example of Our Work
Our client recognized that changes in the market, primarily related to the continued expansion of renewable energy sources, was limiting the opportunity for their thermal assets to effectively bid into the market. We led them through a technical review of factors that were limiting their unit flexibility, layered those findings with their specific market needs and opportunities, then developed cost-effective recommendations. This process ultimately led to improved market flexibility, additional operating hours, and increased revenue.