___________________________________________________________________________________________ Radian
Generation
How are, or should, owners manage their data to improve business? Unfortunately, most organizations don’ t have a good handle on their data. Without organized data, it’ s nearly impossible to leverage information to improve future projects. The most critical data includes real-time operational information and budgeting data.
A good asset manager with quality data can catch issues O & Ms miss, enabling quick or slow resolution based on performance indicators. These decisions can significantly impact the bottom line. Using a proper data management platform helps to make informed decisions.
With industry turnover being common, software platforms also improve business continuity. Anyone with access can step into a portfolio and immediately see all assigned tasks, deadlines, and background information.
Data isn’ t just critical for operational efficiency- it’ s also foundational for compliance. As regulatory requirements evolve, especially around NERC’ s new Category 2 registrations, owners need clear visibility into their assets and systems to demonstrate readiness and avoid costly gaps.
NERC’ s new Category 2 GO and GOP registration requirements have brought attention to previously unregistered assets. What should project owners be doing now? Compliance and security are critical for the renewable industry’ s credibility. Having a considerable number of projects going offline at the wrong time could have an impact on the whole industry.
This starts with having a culture of compliance. Waiting until the last moment to register a Category 2 generator will not spur confidence with the regulators. Owners must determine their compliance readiness now, not later. Out-of-compliance projects risk shutdown. At the end of the day, all renewable organizations need to be good grid citizens, or we risk being seen as unreliable.
The challenge comes back to budget and Cat 2 registrations were never a line item, but you can’ t grandfather in old power generators and risk reliability. The recent outage on the Iberian Peninsula will further put a spotlight on inverter-based resources regardless of where the root cause lands.
What final advice would you give to owners who want to stay ahead of the curve and build more resilient, better-performing renewable energy portfolios in today’ s environment? The most successful renewable energy owners prioritize operational excellence from day one. This means building realistic financial models, prioritizing quality data, aligning contracts with market realities, and treating compliance and
cybersecurity as core value drivers.
While there’ s no single playbook for success, the most consistent wins come from three key strategies: standardizing operations through unified platforms across your fleet, leveraging solid expertise to optimize operations and budgeting, and using technology to maintain effective portfolio management. This approach allows owners to focus on their core strength- maximizing portfolio value. ■
Joe Kastner radiangen. com
Joe Kastner is CEO at Radian Generation, a global provider of comprehensive services and products designed specifically to support the complete lifecycle of renewable facilities.
energy-oil-gas. com 63