Invensys releases industrial utilities monitoring solution
Invensys Operations Management has released the ROMeo 5.2 solution for industrial utilities optimization. This software is said to target the needs of large enterprises, such as refineries, that have several options to produce, buy or sell energy to meet the demands of the processing facilities.
At the Invensys Operations Management OpsManage ’09 conference in Anaheim, CA (November 3-5), Harpreet Gulati, product director, Invensys Operations Management, noted that most companies tend focus on demand-side energy management strategies that target process improvements or modifications to reduce energy usage. The ROMeo 5.2 release can be used for this as well as supply-side energy (utilities) management to reduce consumption through improved sourcing. The software introduces several new capabilities and functions to handle this, including simulation of steam turbines, gas turbines, heat recovery system generators, boilers, headers and others plant utility systems.
Gulati claims that ROMeo 5.2 is the only product on the market that enables energy and process optimization through assessment of both demand-side and supply-side utilities management.
Two levels of benefit are provided in this new release, according to Gulati. The first set of benefits is related to online operations such as steam accounting and management, emissions management and monitoring, fuel and power network management, and equipment performance monitoring. The second set of benefits is offline for the planning and scheduling of utilities use. Here users can evaluate the affect of production plans on utility systems, learn how to optimally run utilities systems during operation upsets or shutdowns, and assess utility investment and contracts.
During his presentation of the new release, Gulati noted that Exxon Mobil, using an earlier version of the software for demand-side optimization, has reported annual savings of $500 million based on use of the software.
"With its new utilities optimization functionality, our solution can help our customers not only meet federal and local emission control regulations, but also optimize the amount and type of energy that is consumed by their processing facilities," said Gulati.
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