Energy Management Information Systems evolve to see the bigger picture
Poorly designed and overly simplistic energy performance indicators often drive energy savings at the expense of product yield or quality. However, a well-designed energy management information system can minimize energy cost without impacting production and, in some cases, can even enhance process performance.Download full whitepaper
Energy is the largest controllable operating cost at most process plants. A typical refinery or petrochemical plant may spend $200–300 million per year on energy — so cutting just 3% in energy cost can save $6–$9 million per year. Such energy savings always result in direct bottom-line benefits. Poorly designed and overly simplistic energy performance indicators often drive energy savings at the expense of product yield or quality. However, a well-designed energy management information system can minimize energy cost without impacting production and, in some cases, can even enhance process performance.
Traditional energy monitoring applications mainly focus on improving energy-side key performance indicators for fired boiler and heater efficiencies, energy intensity, utilities’ marginal cost, etc. These monitoring applications rely on inputs from various process measurement instruments, with temperature leading the way, to verify performance.
However, covering an expanded range of production parameters — including energy supply, demand and recovery, product quality and process yields — requires integration of the process with energy simulation, monitoring and optimization tools. This whitepaper shows how to overcome traditional barriers to energy saving by using rigorous process simulations to monitor performance and determine optimum operating targets for improving both energy and process performance.
Get in touch with us
Do you have a project which you are interest in working with us on?
You may also be interested in
Aug 15, 2019
In the past, when oil prices were higher, upstream producers were very focused on managing their assets for maximum production volume. However, in the current and forecast business environment, there is a much greater need to manage for value. Maximum value is not always maximum flow; this can sometimes lead to value destruction. So what does managing for value mean for an upstream producer?Read full article
Feb 4, 2020
Achieving autonomous operations is all about empowering the plant to run, learn, adapt and thrive in tomorrow’s environment. Dynamic real-time optimization gives a fast automated response based on the actual changes in raw material properties, product demand, and operating conditions.Read full article
Get the latest updates from KBC
Sign up to our newsletter to receive our latest innovations, viewpoints and be informed about any upcoming events.