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PD-07-104 Managing Energy in the 21st Century: A New Set of Rules, A New Set of Tools

Dr. J. Patrick Kennedy, OSIsoft, San Leandro, CA

Format:
Electronic (digital download/no shipping)

Associate Member, Government, International Member, NonMember, Petrochemical Member, Refining Member, Special/Temporary Member - $0.00
Government, NonMember - $25.00

Description:

The volatility, uncertainty, and cost of energy are predicted to continue to increase in the 21st century. Global warming concerns will lead to more challenges and opportunities for refiners with the integration of carbon management and alternative energy sources into the energy equation. There is much debate about how to best deal with greenhouse gas (carbon) emissions, but from a production planning perspective, managing energy production and use will get much more complicated. Additionally, deregulation in the electrical generation, transmission, and distribution (T&D) sector coupled with supply/demand imbalances has resulted in the need for a dynamic energy response capability in the Oil & Gas sector with increased energy supply/demand integration. These changes reinforce the value of a more evolutionary approach that supports a continuous improvement organizational culture for energy management and optimization. This presentation provides the rationale for building a dynamic energy response and enterprise real-time energy and carbon management capabilities into the automation and decision support systems to address the complexity of new regulation in the energy supply world. A summary of specific recommendations will be presented to help Oil & Gas organizations prepare for tomorrow, today.

Product Details:

Product ID: PD-07-104
Publication Year: 2007