Challenges
Better monitor power consumption according to fluctuating market prices and availability (due to deregulation) and integrate pricing into the optimization of operations
Scope
Use OSIsoft PI historian for data collection and APERIO for data validation and continuous monitoring
Benefits
Portal display overlays energy prices with production and operation usage to save $1M in year 1, and making electricity pricing integral to operational and scheduling decisions, based on information in real-time and with integrated alerting