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Energy Benchmarking

By Farbod Rikhtegar IFCO Co. |

In today’s climate of increased energy prices and tightening environmental emissions requirements, petrochemicals producers around the world are continuing to focus on optimizing energy consumption at their facilities. Over the past few years, while energy prices have been increasing, petroleum refiners and chemicals producers have made progress toward improved, overall energy performance by implementing energy efficiency programs. In general, these programs and initiatives have focused on the relatively easy energy efficiency targets, such as furnace O2 levels and minimizing slow-rolling steam turbines. While these initiatives are an important step, a strategic approach is now required that focuses on implementing and sustaining the energy optimization program. After all, Energy is the petrochemicals largest single operating cost. Recently, the author’s employer used its continuous energy-improvement methodology to help the Iranian National Petroleum Co. achieve realistic energy-optimization targets. This article outlines the methodology required for a successful strategic approach to energy optimization, and includes specific case studies to illustrate the complexity of the challenge. Methodology There are two separate…
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