Energy Management Systems For Businesses: Reducing Costs And Environmental Impact – A reliable supply of affordable and environmentally friendly energy is essential for all manufacturing companies as well as commercial and residential consumers. Yokogawa helps further these efforts by promoting the efficient generation and use of energy worldwide. Our goal is to make a meaningful contribution to realizing a society where everyone can easily access a stable energy supply at a reasonable price.

For large process manufacturing plants, including refineries, petrochemicals, and other chemical facilities, energy can easily account for 50% of operating costs.

Energy Management Systems For Businesses: Reducing Costs And Environmental Impact

Naturally, this gives businesses many reasons to reduce energy consumption and costs. Here are some questions some people may ask as part of their savings efforts.

Energy Management 102: Energy Management As A Service

All of these may be helpful, but they are listed in order from worst to best. The first saves money (high sulfur petcoke is cheap) but ignores the environmental impact. The second and third are finding ways to use less energy as part of traditional conservation efforts. This is important, and almost all facilities that have been in operation for more than 10 years have undertaken various programs to improve equipment performance and optimize processes to require as little energy as possible.

The fourth begins to move into more interesting territory with a wider range of possible energy sources, especially renewable energy. Are there other energy sources that can be used without impacting the environment? Can we get away from the idea that fossil fuels are always at the top of the list of choices? Companies that explore the fourth question are likely to go one step further.

Companies that devoted most of their efforts to questions 4 and 5 moved into the areas of energy management, energy use optimization, and sustainable development goals. These are overlapping areas with common characteristics that extend beyond the scope of conservation.

Companies pursuing this approach must follow effective strategies that can deliver the expected results. These strategies require a specialized set of digital tools combined with the right technology. To illustrate this approach strategy, let’s borrow a tool from the financial services industry.

How Ai Can Help Cut Energy Costs While Meeting Ambitious Esg Goals

Financial analysts examining a company’s health examine documents such as balance sheets and income statements. These are important, but the third statement provides deeper insight into day-to-day operations – where cash comes from and how it is used. As the name suggests, it details where the money comes from and how it is spent. Process manufacturers must apply analysis of energy sources and usage.

Source: How does energy get into plants? Most utility listings will likely include power from local utilities, natural gas, and fuel oil, but it’s important to look more closely.

For example, consider a power supply. Does your utility rely on coal-fired power plants, or less carbon-intensive sources such as wind turbines and solar arrays? Most offer a mix, but there may be some selectivity. Your facility may have a cogeneration plant, but its impact will depend on the fuel source. Oil and natural gas retain their association with fossil fuels, but can be mitigated by including flare gas, biomethane, and other waste fuel sources. This will bring us closer to supply optimization and net zero emissions.

The challenge with renewable power is availability. If the sun shines and the wind blows and we can consume all the power generated, that’s fine, but we’ll need a storage mechanism to balance supply and demand. This could be in a battery bank, flywheel, pumped hydro plant or other energy storage system that produces hydrogen through electrolysis when there is surplus power.

Active Energy Management For Sustainability

Purpose: Plants embarking on a comprehensive energy analysis program typically insert tools into the distribution system to measure energy flow at a very detailed level. This may include electricity meters on electrical branch circuits to determine where power is being consumed. Similarly, natural gas and fuel oil flows are measured at each consumption point along with steam and compressed air. This is the first step in optimizing consumption.

Where these efforts fail for most companies is connecting the two sides. Connecting and using traditional analysis tools like spreadsheets is not easy.

Yokogawa can provide comprehensive solutions to analyze energy supply, demand and reuse through consulting services equipped with deep domain knowledge and best-in-class digital technologies. It is possible and practical to identify areas where energy can be saved while increasing production, reducing maintenance and improving availability.

This starts with identifying and eliminating wasteful energy use using Yokogawa’s energy sensing technology to visualize energy flow at each site and throughout the enterprise. Emission monitoring systems can also help reduce pollutant emissions and reduce environmental impact.

Are These 3 Platforms The Future Of Energy?

A true safety culture isn’t just about managing and mitigating risks and behaviors, it’s about ways to enable this, so employees feel positive about themselves and empowered to carry out maintenance tasks confidently and safely. must be granted.

In Singapore, government and industry work together to manage costs and increase efficient use of energy to reduce CO2 emissions. To achieve its net-zero CO2 emissions target, Singapore must reduce emissions by 45% from 2010 levels by 2030. Using energy-efficient approaches and technologies can help governments and businesses achieve significant cost savings.

The cloud can transform the world of IT and OT, and its possibilities are gaining momentum among manufacturers along with other emerging technologies such as AI, edge computing, and virtualization. However, to utilize cloud computing’s full potential, executives must first recognize its benefits.

The foundation of any strong asset performance management (APM) strategy rests on one thing: data. Read why data is the key to better business outcomes, Industry 4.0, and advanced APM.

Energy Management System In Accordance With Iso 50001

With ESG investment reaching a record high last year, corporate sustainability is now evolving from an incremental investment to a strategic priority. And why not? Being sustainable these days can help you become more profitable in a number of ways. Here, the authors expand on the role of energy in our collective drive toward sustainability and how digital emissions tracking can make a difference.

At an industrial scale, the amount of data just described can quickly become overwhelming, with thousands of sensors and devices each transmitting individual streams that can be combined into torrents. Although this is operational technology (OT) data, it relies on information technology (IT) skills to operate, resulting in IT/OT convergence. For data to be useful, both aspects must be blended together.

The cornerstone of smart manufacturing is the combination of different technologies and the importance of choosing the right technology to help you achieve your goals. In his latest book, Marcel explores the journey to smart manufacturing and the strategic decisions that need to be considered when designing and deploying the technology stack.

Industrial end users are suffering from digital fatigue, which is hindering progress towards a future of industrial autonomy. Some of the blame lies with the industry itself. But more can be attributed to suppliers, many of whom are new to the industry. So what is the crux of the matter and how can we rediscover our faith in digital transformation?

Strategies For Reducing Utility Costs On University Campuses

Organizations require seamless manufacturing processes that can operate across multiple functional areas to support business evolution and provide increased control and flexibility. The challenge for many companies is how to improve production and increase the volume of goods produced. In his latest installment, Nick Cross examines batch solutions that improve production efficiency and comply with industry regulations. Expected return on investment (ROI) is a critical component of most large capital purchase requests. Energy Management Information Systems (EMIS) are no exception. Implementing a comprehensive EMIS requires a significant investment of financial and labor resources, and it may take a year (or more) before the benefits are documented. But rest assured. The benefits will be realized.

How much money you save will depend on several factors, including: How well you currently manage your utility accounts; How much focus and resources senior management has (and will) apply to energy management and what tariffs and energy supply alternatives are available. That said, it is common for first-year savings and payback to exceed 1% of a user’s annual utility budget, and dollar savings speaks volumes.

Before you can determine actual financial savings and payback period, one thing is clear: you need to have a solid handle on your energy information. Energy Information Management provides the foundation on which all additional utility bill accounting and energy management initiatives are built. A solid foundation also tells a good story.

But the combination of cost savings and a solid foundation can tell a great story. Here are some of the stories we’ve heard from our customers over the past 40 years. This represents a variety of organization types and demonstrates that energy and financial savings can come from a variety of sources across the organization.

Pdf) The Role Of Energy Management System Based On Iso 50001 For Energy Cost Saving And Reduction Of Co2 Emission: A Review Of Implementation, Benefits, And Challenges

Riverside County, California, government maintains more than 1,800 facilities and manages approximately 4,500 utility accounts from 57 providers. Utility bill processing workflow before implementing EMIS-based

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