Find out about the benefits of energy efficiency and how to optimise the efficiency and lifetime of conventional power plants.
The world’s economies require an ever-increasing supply of energy for continued growth. Population growth, economic advancement and social development have driven up energy demand by almost 76% over the last two decades. This demand is expected to increase by a further 50% by the middle of this century.
Countries that depend on conventional sources of energy such as oil and coal urgently need to find more efficient and sustainable means of power generation. The supply of fossil fuels is finite, with coal expected to last another 110 years, oil another 52.5 years, and natural gas another 54.1 years.
While the move to alternative sources of energy could take decades, power producers and governments have much to gain from adopting energy efficiency, also called the “fifth fuel.” Better technologies and processes can result in an 8-10% increase in power production and at the same time resolve emission issues. Energy efficiency is especially important for developing countries, which are expected to dominate the global consumption of energy resources in the future.
TÜV SÜD offers an integrated solution for maximising capacity and improving quality of power produced. The approach involves inspections and assessments at an early stage to determine the technical condition of the plant as well as identify risks and efficiencies. These assessments provide stakeholders with a basis for precise planning of optimisation and refurbishment programmes. Based on the results, TÜV SÜD prepares a detailed plant optimisation plan to help maximise efficiency and reduce operation costs, accompanied by a cost-benefit analysis. The optimisation programme is supplemented by a refurbishment programme to maximise efficiency and extend plant life expectancy. A renovation and modernisation proposal is also provided with the possibility of life extension of 15 to 20 years, increased rated capacity of 4-8% and increased efficiency of 8-10%.
Governments and organisations that implement an integrated asset optimisation solution from an early stage will benefit from operational and implementation synergies that would not be possible in the traditional component- or equipment-specific approaches. The cost reductions and performance improvements gained from energy efficiency will make conventional power sustainable in the long term for stakeholders.