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Power Asset Exchange

Instant access to gas turbine parts.

PAX maximizes uptime in a world of unprecedented electricity demand. We connect utilities, independent power producers, and asset managers to a compliant marketplace for second-life turbine components.

>4 yrs
Avg. wait for new OEM hot section parts
GW-scale
Capacity at risk during outages
Free
No charge to list parts on the marketplace
18 mo.
Window to redeem repair credits

What we do

Power generators are under more pressure than ever.

Part availability is at all-time lows. New OEM lead times stretch into years while load growth from data centers and electrification accelerates.

PAX helps utilities recover value from parts that would otherwise be scrapped, and gives other generators access to repair-grade components when they need them most.

Technician inspecting a gas turbine component

Capabilities

A marketplace built for regulated utilities.

PAX is more than a listing service. We handle the listing, shipping, and credit settlement that make second-hand gas turbine parts viable for compliance-bound buyers.

01

Free listing

List your parts for free on the PAX exchange. We will physically come to your warehouse to take the photos and collect documents to ensure you get top dollar for your parts.

02

Compliant transfer framework

Procurement-grade documentation with and regulatory requirements out of the box.

03

Repair credit settlement

Sellers can receive value as repair credits held in trust, redeemable at any qualified shop for up to 18 months.

04

Part RFPs

Broadcast a request for a specific part to the PAX marketplace and complete your downtime planning without the hassle.

05

Trusted counterparties

Buyers and sellers are vetted, with clearly enforced obligations on both sides of every transfer.

06

Outage-ready logistics

PAX coordinates packaging and shipping so parts arrive ready to install, not ready to evaluate.

Watch

See PAX in two minutes.

A quick walkthrough of how PAX moves second-life turbine parts between utilities.

Process

How PAX works

A compliant transfer pipeline, designed around how power producers actually source, sell, and repair components.

  1. 01
    Warehouse with forklift and crates — components identified as no longer deployable

    Assets identified

    Components are identified as no longer deployable.

  2. 02
    Forklift and pallets — sale verified and facilitated by PAX

    PAX facilitates the sale

    PAX collects the necessary data to list the part, facilitates shipping, and takes receipt of the sale amount.

  3. 03
    Graphic representing repair credits held in trust

    Seller receives repair credits

    Value from the transfer now exists as repair credits held in trust.

  4. 04
    Industrial component — repair request

    Seller requests part repair

    Sellers can redeem PAX repair credits for up to 18 months after the sale at any qualified shop.

  5. 05
    Payment released to the repair facility from trust

    Payment settlement

    PAX releases payment directly to the repair facility using funds held in trust.

Close-up of curved turbine blades
Hot section components
Organized warehouse aisles
Shipping and Logistics
Worker packing precision metal components into a wooden shipping crate
Listing Services
Power plant at sunset
Improved uptime

Built for

A marketplace for the people who keep the grid on.

PAX is built for the operators, asset managers, and brokers who can't afford to wait years for a replacement part.

  • Public Utilities

    Maintain reliability commitments while regulatory and capital cycles play catch-up.

  • Independent Power Producers

    Defend dispatchable capacity and protect plant economics through outage cycles.

  • Energy Industry Brokers

    Source verified parts faster, with compliant transfer documentation built in.

  • Asset Managers

    Recover value from idle inventory and convert latent components into repair credits.

Ready to act

More power. More uptime.

Join PAX to access scarce parts, trusted counterparties, and a compliant transaction framework without the multi-year lead times.