The Role of Advanced Process Control in Your Energy Management Solution
"According to Aberdeen Group, Operational Excellence in the Process Industries - Driving Performance Through Real-time Visibility, the most striking advantage Best-in-Class companies have is being able to compare performance across a portfolio of plants, thus identifying plants doing things right, and having the capability to improve plants falling behind. In these companies, 60% of executives have real-time visibility into the operational performance of manufacturing operations. 81% of the companies have automated data collection capabilities, and 81% also measure energy consumption. 48% of these companies use energy consumption and cost as KPIs for decision making, and 81% of them can compare performance across plants. 55% use non-conformance alerts in real-time for optimal decision making. From the above statistics, it is apparent that measuring and managing energy consumption and operational performance is vital to any organization's competitiveness, and even ultimate survival. In this presentation, we will explore ways to do this as efficiently as possible through the effective use of data integration, modeling, economic measurements and visualization in real-time based on an Energy Asset Management Approach."
| Year of publication: |
2010
|
|---|---|
| Publisher: |
Energy Systems Laboratory / Texas A&M University |
| Subject: | Industrial Operation Performance | Real-time Visibility | Energy Asset Management Approach |
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