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High-fidelity analytics help optimize energy across process industries

KBC, a Yokogawa company, has introduced Visual MESA Multi-Period Optimizer 6 to reduce costly uncertainty in energy use over multiple time periods across generation portfolios.

Visual MESA Multi-Period Optimizer 6 allows companies to incorporate more precise forecasts into the decision-making process over various time horizons when dealing with multiple time-dependent constraints.
Visual MESA Multi-Period Optimizer 6 allows companies to incorporate more precise forecasts into the decision-making process over various time horizons when dealing with multiple time-dependent constraints.

Asset-heavy process industries are more interested than ever in saving energy and curbing their carbon dioxide emissions. This isn’t necessarily for any altruistic concerns about sustaining the planet’s ability to support human life. It’s purely economic and competitive survival.

Whether responding to a new carbon tax on top of already-high energy prices in Singapore or increasing electricity prices designed to improve efficiencies in Saudi Arabia or direct consumer and investor pressures around the world, producers are finding a growing number of reasons to reduce both energy consumption and carbon footprint.

Shell, for example, has an ambitious plan for carbon neutrality that might sound a bit strange coming from one of the largest oil and gas producers in the world. “The pressure is real,” says Satoru Kurosu, director and executive vice president of Yokogawa’s premium solutions and service business.

With all of this at play, Yokogawa subsidiary KBC is making it easier for scheduling engineers and operators to get the information they need to optimize their energy systems. Introduced this week at the ARC Industry Forum in Orlando, Florida, new high-fidelity analytics technology, Visual MESA Multi-Period Optimizer (VM-MPO) 6, allows them to incorporate more precise forecasts into the decision-making process, over various time horizons when dealing with multiple time-dependent constraints.

Industry is ripe for solutions. The power industry accounts for 41 percent of energy-related CO2 emissions. With 19 percent from the industrial sector, that’s 60 percent of the world’s emissions. “Industry is responsible for almost a third of the energy demand, so improving it would have a big impact,” Kurosu says, noting that both demand- and supply-side optimization is needed.

INTRODUCING! The Latest Trends for Food Products at PACK EXPO Southeast
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INTRODUCING! The Latest Trends for Food Products at PACK EXPO Southeast