How project developers form their bidding strategies – and what it means for prices and the industry.
Mathematical Structure of the Methodology
In this appendix to “Opening the Black Box,” (Fortnightly, January 2014), we briefly describe the basic components of the models for managing aging assets: how to represent the condition of such assets and the outcome of replacement, maintenance, and testing decisions.
The model structure is one of optimal control with dynamic state variables and uncertainty. Let
A new approach to utility asset management.
Engineers and constructors adapt to serve an industry in transition.
From gas pipelines to PV arrays, the nation’s contractors are seeing growth in utility infrastructure. Fortnightly talks with executives at engineering and construction firms to learn what kinds of projects are moving forward, where they’re located, and what lies over the horizon.