integrated approach to fuel management
DESCRIPTION
The Power Generation companies world over operate in a complex environment of fluctuating fuel prices. The need is to integrate the entire set of activities from planning to accounting, with appropriate automation.TRANSCRIPT
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Integrated Approach
to Fuel Management
Solution for improved Electricity Cost
Control
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Integrated Approach to
Fuel Management
HIGHLIGHTS
The Power Generation companies world
over operate in a complex environment
of fluctuating fuel prices. The need is to
integrate the entire set of activities from
planning to accounting, with appropriate
automation.
The paper intends to explain the issues in
managing the portfolio of activities constituting
fuel management and an overview of the
systems used to manage these activities.
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Business Challenge
1. Demand
Forecasting
2. Contracts
Management
3. Inventory
Management 4. Ash Handling
Disparate Systems for Fuel Management
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Integrated Fuel Management Solution
Demand
Forecasting Contracts
Management
Logistics
Management
Fuel Handling &
Inventory Management
Past consumption
Meteorological data
Expected shutdown
duration
Demand side
imbalance
Listing major fuel
suppliers along with
their capacity and
pricing details
Distributing
requirements through
orders among
suppliers identified for
the supply period
Identifying
transporters in the
modes of feasible
transport & long-term
contracts based on
SLA
Contracting supporting
agents for liaison &
sampling activities
Coal yard activities
Stacking
Refueling &
Blending
Waste Handling
Ash Sale &
Disposal
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The Way Forward
Demand Forecasting
Contracts Management
Fuel Handling & Inventory
Management Ash Handling
Logistics Management
Integrated View of all Fuel Data, KPI & Dashboards
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Benefits
Companies will have visibility into the actual stock of fuel lying
in the stock yards.
Timely action in contracts management is also facilitated as the
status of utilization of these contracts becomes well known.
Regulatory and compliance reporting can be automated for all
such reports related to fuel processes.
Prescriptive steps due to logistic issues can also be addressed
efficiently at the planning level itself.
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Conclusion
An integrated fuel management system is a
need that is strongly felt by many thermal power
companies around the world.
There is a challenge in the integration of
disparate real-time and transactional systems,
and plant automation systems..
A system that can successfully integrate the
processes and provide a consolidated view of
the complete process will provide great
business value to the power generation
companies.
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For more details please visit the link below:
http://www.wipro.com/Documents/integrated-approach-to-fuel-
management-in-power-generation-companies.pdf
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