Managing assets for sustainability can reduce energy consumption 6% to 11%

Source: PlantServices.com

Apr 07, 2008

Managing assets for sustainability can reduce energy consumption 6% to 11%, according to Infor (www.infor.com/goinggreen). The company made the claim as part of its introduction of Infor EAM Asset Sustainability Edition, an enterprise software solution that allows organizations to integrate energy consumption and emissions management into their asset-management practices. The software enables organizations to reduce energy costs substantially, while minimizing carbon emissions and the effects of operations on the environment.

Benchmarks from the U.S. Department of Energy and industry sources demonstrate that facilities and manufacturers can reduce energy consumption by as much as 20% via maintenance programs that focus on energy consumption and efficiency. The EAM software factors energy consumption into total asset performance, providing a more complete understanding of the true costs to operate and maintain that asset. It also tracks an asset’s consumption of any of the “WAGES” commodities (water, air, gas, electricity and steam), and monitors fugitive emissions, such as ozone-depleting refrigerants.

“There is no question that high energy costs are a drag on organizational budgets and that inefficient energy practices have a negative effect on our environment,” says John Murphy of Infor EAM solutions. “Infor EAM Asset Sustainability Edition is a groundbreaking solution that helps address these issues. With this software, organizations can take a strategic approach to energy efficiency, using software automation to implement practices that promote sustainability and profitability.”

The software tracks the energy consumption of individual assets in real time, evaluates the data against user-defined conditions, and alerts users to anomalies when assets exceed acceptable performance thresholds. It also elevates decision-making by incorporating consumption and emission data into key performance indicators and reports. Program managers, for example, can generate reports that provide macro-level analysis of emissions and drill down into the performance of each asset through easy-to-use graphical dashboards.

A specific asset can be benchmarked to determine the cost of maintaining it at current energy consumption levels versus replacing it with a newer, more energy-efficient asset. This enables strategic decisions that factor in energy consumption costs, the price and energy specifications of a replacement, and the projected return-on-investment date.

The software receives energy consumption data through asset sub-metering, either through existing sub-metering electronics systems or third-party sensors, and can use wireless mesh networks for communications. More information may be found at www.infor.com/goinggreen/solutions/greeneam/as/.

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