Energy intelligence is about optimising lifecycle costs and ensuring efficiency. This can be done by using all assets in the most efficient and sensible way. Digital technologies and data intelligence play an important role by enabling continuous monitoring and the optimisation of operations – or even value chains.
The world is changing with ever-increasing speed, and so is the power generation market. Customer needs, environmental regulations, available technologies, optimal ways to run a plant – all this has changed dramatically during the past 10–15 years. This creates a clear need – but also a great opportunity – to improve power plants’ energy efficiency.
There are many ways of improving the energy efficiency of a power plant – from the upgrade of a single component to a complete lifecycle solution, including asset performance guarantees and jointly agreed KPIs for measuring success. In today’s power generation, the use of renewables as a method of increasing energy efficiency is also increasing.
This Business White Paper illustrates the role and importance of power plant upgrades when considering the ways of improving a power plant’s energy efficiency during its whole lifecycle.