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COST EFFECTIVE STRATEGIES FOR INDUSTRIAL ELECTRIC POWER MANAGEMENT SYSTEMS


The current use of power management systems for industrial electrical power distribution and utilization systems is examined and the benefits, functionality and costs are presented with examples. The functionality in commercially available systems is mapped against the recommended location of devices within the industrial electrical power system. System architecture considerations and equipment and installation costs are discussed; venture guidance analysis costs are given. An argument is made that all potential users must be involved in the system for it to have the maximum return on investment. A process flow chart to facilitate cost effective implementation of the power management system is also provided

Electrical power system management technology is readily available to the chemical and petroleum industry at a reasonable cost, but the value of the benefits from these systems is not well understood. While some research and survey work has been done, few comprehensive guides exist for their effective selection and implementation and much of the potential of these management systems has not been realized. Much of the potential of industrial power management systems has not been realized due to the lack of site wide and corporate wide strategies and architectures for power management implementation. The typical “project by project” selection, design and implementation of power management systems in many companies has led not to a growing network of power management systems gathering more and more useful information within a site and a company, but to isolated pockets of power management systems, each attempting to stand on its limited merits and in danger of becoming obsolete as technology advances. Few, if any, installed power management systems use all of the functionality available as advocated by this paper. Although some power management systems can be justified on individual application, it is the authors’ belief that the real potential

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