What Can an Energy Audit Reveal to a Petrochemical Industry

1. What Can an Energy Audit Reveal to a Petrochemical Industry? An energy audit can give vital information to stakeholders on their facility’s energy consumption and the expenses or savings associated with it. It is especially crucial to the petrochemical industry, which has a significant impact on the environment as it accounts for around 18 percent of the total carbon dioxide emissions in the world. With an audit, petrochemical companies can determine their energy efficiency and obtain a complete assessment of their electricity consumption. The goal is to help them understand how they use energy in their plants, discover opportunities to improve energy savings, and implement solutions to minimize their environmental and social impact. When is it needed? It is considered good practice for the petrochemical industry to request an energy audit. However, it may be more necessary to overcome challenges, such as noncompliance with BEE guidelines, standards, and regulatory norms. It may also be necessary to conduct energy audits under the following circumstances: Reactive voltage and power issues across the distribution system Higher production costs and energy bills Power loss issues There’s a need to utilize resources more efficiently Employees must understand the importance of energy optimization and management. Benefits of an audit A properly planned and executed energy audit can support the petrochemical industry in attaining complete safety and standards compliance. Companies can use the information to develop better policies or upgrade existing ones while minimizing energy losses and ensuring justified electricity use.

2. An audit may also clarify the importance of getting one, especially when the results provide information for boosting productivity, competitiveness, and work efficiency. Seasoned energy auditors may recommend energy-saving opportunities for petrochemical companies, too. How often should you get energy audits? Per the 2010 CEA regulations, it is advisable to get an energy audit every three years from the date of submission of a previous report by an accredited auditor to the management of a designated consumer. With this in mind, it is crucial for petrochemical companies to partner with an experienced and credible auditor specializing in their industry. Timely audits can influence other factors in their organization, such as profitability, performance, and productivity. Moreover, they encourage the organization to be conscious of its energy consumption and costs to eliminate waste, optimize energy supply, and maximize efficiency.