The benefits of monitoring energy consumption, quality, and power factor

Energy efficiency management ​ is crucial for any industrial operation. It can account for a significant portion of a company's expenses and it has a substantial impact on the bottom line. Monitoring energy usage allows companies to identify opportunities to improve their energy efficiency, reduce energy consumption, and, consequently, save on costs. Similarly, failing to forecast energy accurately can result in unplanned downtime or inadequate energy supply, leading to compromised production schedules and potential equipment damage. 

Effective industrial energy monitoring provides several benefits that enhance energy efficiency, improve equipment performance, and reduce energy costs. These benefits include:

• Improved energy efficiency: Monitoring energy consumption provides critical insights into the operation's energy usage patterns. By understanding energy consumption in real time, companies can identify areas for improvement and take action to reduce energy waste. Additionally, monitoring energy consumption enables companies to optimize their energy usage patterns, increasing efficiency and reducing overall energy costs. 

• Improved equipment performance: Monitoring energy quality helps identify issues such as voltage fluctuations, harmonics, and other power quality issues that can cause damage to equipment and lead to downtime. With the ability to detect these problems quickly, companies can take action to avoid costly repairs. Additionally, monitoring energy quality can improve equipment performance, extending its operational life and increasing production uptime.

• ​Improved power factor (PF): Monitoring PF helps identify inefficiencies in energy usage and enables companies to take action to improve it. The Cos Phi expresses the ratio of true power used in a circuit or electrical system to the apparent power delivered to the substation. A high value indicates efficient use of energy, leading to lower energy bills and improved overall efficiency. By keeping this parameter over 0.95, companies can usually avoid utility fines and identify inefficient energy usage patterns or faulty capacitor banks.

See how -in this use case a CPG company saves 15% on their energy bill on a 200 MW operation and reduces their carbon footprint by monitoring energy consumption, quality, and power factor. 

The benefits of industrial energy monitoring are clear, and companies that invest in this technology will see significant returns on their investment. If you are ready to take the next step don't hesitate to schedule a demo now.