Effective energy management can benefit the hydrocarbon pipeline operator. Energy consumption costs – the leading expense for most operators – are rising continuously; however, the commitments needed on the part of the operator often impede implementation of energy-saving practices.
Key to effective energy management is the ability to quantify energy consumption accurately at any specific time and its cost and that of drag reducing agent (DR) use. Operators committed to energy management can implement a real-time, system-wide power optimization solution that evaluates the resource efficiency of a steady-state model of the pipeline. This solution will also perform costing runs of alternative configurations, formulated for the next energy cost rate or other ‘what if’ scenarios, in order to find the most energy-efficient alternative that maintains operational safety and integrity. Implementing these alternatives, the operator can save one percent to five percent of energy costs and reduce carbon emissions.
This advanced information management technology makes these costing considerations so practical they can become a routine, real-time operations process. Putting available information to work with this solution can make power optimization extremely realistic and highly rewarding for the company while supporting overall operational security, safety and environmental stewardship.