Leveraging Shoreline AI’s Plug & Play Industrial APM for Sustainability Initiatives
Challenge of a Net Zero Future :
- The oil and gas, as well as chemical, industries are challenged to create sustainable solutions for a net zero future.
- Reducing methane and VOCs emissions across storage tanks, pressure relief valves and natural gas compressors is a key mitigation strategy to comply with current and emerging US and EU environmental protection requirements.
- Violations are expensive. Some states, such as California and Colorado, have already implemented fines of $15k to $25k per day for non-compliance. Other states are expected to pass similar laws soon.
- The EPA will implement a waste emission charge on methane emitted from applicable oil and gas facilities that emit over 25,000 metric tons of methane. These companies can be charged $900 per metric ton and the charge will increase in years after.
Problem to be solved :
- Methane and other volatile gases escape from thief hatches, which allow hydrocarbon vapors to be emitted into the atmosphere. This is due to defective seals, open thief hatches or too much pressure in the tank.
- Fugitive emissions can go undetected and release methane into the atmosphere for an extended period of time, especially at remote storage tank sites that experience long periods between manual site visits.
- When a pressure surge in a compressor, pipeline, or pressure vessel exceeds the maximum operating pressure for the system, pressure safety valves (PSVs, or pressure relief valves, PRVs) will open and vent excess gas to the atmosphere. Over time, the valve seats wear or become fouled with debris, and will leak gas.
- Maintenance teams must know how long each thief hatch is open and confirm it’s closed and securely sealed to measure site emissions are in compliance.
Currently Available Solutions :
- Data gets collected manually, but automation is now required for process efficiency.
- Early solutions had false signalling issues, as well as no distinction between a latched and unlatched thief hatch.
- Current solutions include expensive optical gas imaging (OGI) with an OGI camera costing between $150k to $500k.
- Fence line monitoring takes days to set-up and the leak location is not always precise.
Introduction
In today’s rapidly changing business landscape, companies across asset-intensive industries are increasingly recognizing the importance of sustainability initiatives such as methane emission detection and energy monitoring. For asset-intensive industries like manufacturing, energy, and utilities, implementing effective sustainability strategies can be particularly challenging due to their complex operations. However, industrial Asset Performance Management (APM) has emerged as a pivotal solution that can empower companies to align their operational excellence with sustainability goals. This insight explores how APM can assist asset-intensive industries in enhancing their sustainability initiatives.
Source: Gartner Blog
“Asset performance management (APM) is essential for ESG success. By measuring and managing the ESG performance of their assets, organizations can identify and mitigate risks, capture opportunities, and improve the overall performance of their businesses”
Shoreline AI’s Industrial Asset Performance Management with Integrated Emissions Monitoring and Energy Management
Shoreline AI’s plug-and-play industrial asset performance management delivers breakthrough simplicity and cost efficiencies. Completely self-installed by non-experts, smart sensors automatically connect to the cloud and are auto-provisioned via a rich library of 30,000+ pre-built asset physics models. No additional CapEx is required.
As businesses across various sectors increasingly prioritize sustainability and responsible practices, Shoreline AI offers a set of advanced tools to empower organizations to align their operations with their sustainability goals. The fully integrated capabilities include:
1. Fully Integrated Real-time Emissions Monitoring 1 and Leak Detection
Shoreline AI’s ESG solution comes fully integrated with the company’s market leading plug-and-play industrial APM solution. New emission monitoring capabilities generate immediate notification and precise location of leaks and emissions such as methane and VOCs. This solves a critical challenge in industries with high volumes of industrial fuel storage tanks and upstream Oil & Gas assets. This enables companies to take rapid steps to reduce fugitive emissions, helping companies comply with stringent environmental regulations and reduce their impact on the planet.
2. Energy Monitoring and Efficiency
Energy monitoring and optimization for a wide range of industrial motors and other assets is critical to reducing energy waste. Shoreline’s new features deliver high fidelity energy analytics and trending, allowing companies to identify opportunities to improve energy efficiency and enabling businesses to minimize their carbon footprint.
3. Predictive Maintenance of Clean Energy Assets
These enhanced capabilities include robust, machine-specific predictive maintenance and higher operational efficiency for clean energy assets. With wind turbines for example, wear and defects in gearboxes, bearing shells and rolling elements can be detected before failure, maximizing the performance of the asset in a predictive fashion. Additional machine characteristics such as vibration and temperature are also monitored for any out of spec behavior and maintenance needs.
4. APM for the circular economy
Advanced recycling has become a booming industry in particular plastics. Shoreline AI’s automated asset health monitoring and predictive maintenance can reduce equipment failure, and accelerate fault detection and remediation. This pproach enables a high volume of reducing, reusing, remanufacturing, repurposing, and recycling, significantly reducing the use of natural resources, minimizing carbon, and reducing waste.
About Shoreline AI
Shoreline AI’s plug-and-play industrial asset performance management delivers breakthrough simplicity and cost efficiencies. Completely self-installed by non-experts, smart sensors automatically connect to the cloud and are auto-provisioned via a rich library of 30,000+ pre-built asset physics models.
This cloud-native approach requires no new CapEx, on-site experts or data scientists, operationalizing in days and delivering powerful machine-specific analytics. This highly secure, 100% subscription approach creates unprecedented industrial APM economics and scales easily for new applications such as emissions monitoring.
Shoreline AI helps clients in asset-intensive industries maximize the performance and profitability of their operations, create a proactive and predictive approach to asset management, and accelerate sustainability initiatives. The company’s solutions are designed for machinery serving the energy, manufacturing, pharma and data-center cooling industries.
