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Executive Summary. Reliability-Based Plant Performance & Capital Allocation Decision Tool. Contents. What is Opgrade? What does Opgrade do? Why Opgrade?. What is Opgrade?. Opgrade is an innovative service that employs a unique tool It answers the question:
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Executive Summary Reliability-Based Plant Performance & Capital Allocation Decision Tool
Contents • What is Opgrade? • What does Opgrade do? • Why Opgrade?
What is Opgrade? • Opgrade is an innovative service that employs a unique tool • It answers the question: “ What is the impact on revenue if we allocate capital differently, when taking reliability into account? ” • How? Opgrade uses a proprietary, reliability-based, statistical flow solver that transforms the following inputs into On-Stream Factors (OSFs) for all of your units and streams, thus predicting your future revenues • Unit & Equipment Reliability • Supply Availability • Planned Maintenance • Actual Process Flows • Actual Mass Balance • Actual Operational Rules • Tank Working Volumes • Intelligent Flow Routing
Opgrade is Innovative • Opgrade services help our clients: • Know where installing additional capital will actually alleviate reliability bottlenecks and maximize return on capital employed (ROCE) • Size new tanks to meet demand and maximize ROCE • Reallocate existing tanks to different services without impacting revenue, thus maximizing ROCE • Opgrade as a tool: • Evaluates plant configurations based on reliability data • Is good at handling complex operational rules and tank logic • Can handle product loops (e.g. outputs also used as inputs) • Calculate dynamic mass balances “ Opgrade combines the best features of three different tools without their inherent limitations ”
What Does Opgrade Do? • With Opgrade you can: • Predict future revenues using complex system models based on actual process flow • Calculate On-Stream Factor (OSF), Mechanical Availability, Mechanical Reliability, Scheduled Maintenance Impacts • Compare the sensitivity of predicted revenue to various configurations to optimize return on capital employed • Determine the revenue impacts from random failure and scheduled maintenance events • Predict the average long-term revenue for the facility after many simulated years of operation
Model Complex Systems • Your actual process flows • Multiple commodities • Intelligent conditional flow splitting • Unlimited feedback / recycle loops • Control flow with actual rules from operations
Typical OSF Results • Display trends • See the effects of planned maintenance • Describe the unit’s operating regions • Can Illustrate how the OSFs for units are often much less than their mechanical availabilities
Typical Sensitivity Results • Visibly see the value your tank’s volume provides • Can prove (or disprove) that bigger tanks equate tomore revenue • Here, an increase in size of 20% has no effect on OSF, and reducing size by more than 20% affects OSF
Why Opgrade? • Opgrade Study Establishes Business Case for $700 million Infrastructure Investment • By utilizing Opgrade, our client can proceed with confidence knowing that their $700 million capital improvement project will results in sufficient additional revenue. The study also identified $30 million in possible annual revenue improvements and at least $40 million in possible capital expenditure reductions. • Savings generated from this study alone are in excess of 100:1 return on investment in study fees.
Moving Forward • Invest your CapEx wisely • Know tomorrow’s output today • Calculate how much revenue (OSF) is produced in multiple scenarios • Know the value of your CapEx by comparing the total revenue (OSF) calculated for each scenario • Reallocate tanks and other capital • Put your capital to its best use
Opgrade Your Plant Today! • Contact us anytime for a free evaluation of your situation and learn if Opgrade can generate 100:1 returns for your plant! • sales@barberassociates.com • (888) 200-4BBA [4222] or (210) 782-8910