June 6, 2018 Industry, NEWS Towards Industry 4.0: calculating the value of your optimisation potential
Working on a more sustainable energy future is not only a noble effort for future generations, but can be financially attractive as well. The two infographics below back up this statement with numbers and offer a calculation method that can help you seize the value of your optimisation potential. Both are based on our experiences with our client group of (industrial) energy users.
Towards Industry 4.0
All the projects that we are working on within this group share a strong digitalisation aspect, in which raw sensor data are aggregated to higher-value context information. By making this information available at (near) real time, operators are capable of seizing opportunities that occur either on the market or within their own processes, without jeopardizing security of supply. These are typical first steps towards an Industry 4.0 operation.
Infographic #1: Calculating the value of reducing excess steam
For example, a medium sized plant with 30 ton / hr production could save €369,000 / year from literally disappearing into thin air while decreasing their CO2 footprint. How? Check this infographic:
Value of excess steam
Infographic #2: Calculating the value of monetizing flex on the imbalance market
For example, by capturing 5 minutes of every high imbalance price PTE in 2017 a medium sized industrial site with 10 MW of flexibility could have created power revenues of €430,000 while supporting stability of the grid. How? Check this infographic:
Interested to hear more?
Call Thomas Crabtree (+31 6 3085 2747) and find out how you are able to calculate the value of your optimisation potential.