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Information management tools support responsiveness in today’s complex markets.
The changes throughout the energy supply market that have resulted from business globalization require natural gas transport operators to practice flexibility. Yet they need to keep safety and security their highest priorities in this time of unprecedented change. Reliable gas network information management systems and best practices relating to commodity data are more important than ever to improve or even maintain competitiveness and responsiveness in the open market environment.
One consequence of increasingly complex markets is the growing numbers of gas flow, quantity and quality measurements involved—measurements that are vital to financial accounting and subject to customer transparency. Best practices recommend the operator’s gas measurement analysis system accurately and completely collect data; validate per user-specified rules; properly flag, adjust and estimate data where needed; rigorously identify measurement imbalances and potential errors; and maintain audit reports.
One leading gas transmission company in Europe took advantage of Schneider Electric’s experience in the North American deregulated gas market by implementing a Schneider Electric-created turnkey information management solution to help it comply with liberalization mandated in Europe. The resulting monitoring and automated control system included several advanced applications for meeting customer reporting procedures and processes required by the new mandate. The system fully accepts third-party applications, eliminating costly proprietary enhancements and maintenance needed for it to be reliable for the long term.
The system also provides another best practice for safety and security: real-time, redundant backup of the transmission infrastructure’s main Control Center. Finally, the solution provides logistics capabilities that enable accurate tracking and reporting of allocations and delivery, to separate production and supply from transmission operations.
The information management solution that offers these best practices related to measurement accountability, operational flexibility and security helps the user meet global and open market trends while efficiently satisfying regional or country-specific requirements.