Equipment Monitoring
Overview
A real-time system and method for monitoring the status of process equipment are extremely necessary for the refining and petrochemical industry, where equipment failures can drastically reduce unit throughput and thus refinery and petrochemical operating margins. Equipment monitoring includes collecting information from the real-time data historian about the critical process equipment, analyzing and comparing it with predetermined set values such as design or previous best. One or more KPIs indicating the overall health of equipment and status can be developed to track performance and lead to sustained operations.
Applications
Statistical Models
Examine and analyze energy usage through statistical models based on Time-Series Analysis.
Cost Improvements
Identify both system-wide and equipment-specific operational cost improvements.
Performance Monitoring
Facilitate accurate performance monitoring.
Performance KPI’s
Use energy performance KPI’s to track how energy is being consumed in a plant.
Services Offered
Energy Optimization Studies
Conducting energy optimization studies to boost profitability.
Analyzing Utility Systems
Control Scheme Design and Validation.Devise comprehensive steam and fuel models for analyzing utility systems and predict results for a wide range of operating conditions.
KPI
Devise energy performance KPI’s to track the actual performance.
Optimized Operating Strategies
Develop optimized operating strategies during non-routine and challenging situations.
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