Run-to-Retire (RTR) Strategy
What operating timeline is a run-to-retire strategy applicable for?A run-to-retire (RTR) strategy can be applied to coal plants with varying planned operating timelines, ranging from several years to a decade or more. Operating with a targeted end-of-life or conversion date, as well as with aging assets approaching the end of their design life, makes a run-to-retire strategy relevant for any site within this range of time.
What is the best way to start with developing an RTR strategy?Developing an RTR strategy should start with performing a risk-based life assessment of your primary power equipment. The results and recommendations from this assessment provide the information you need to understand:
The current condition of your assets
The estimated remaining life of those assets
What service work is necessary to operate safely
and efficiently through your remaining planned life cycle