Challenges for the new energy and utilities manager

Submitted by Sérgio Grassi on Mon, 07/16/2018 - 13:02
Learn how changes in the market are creating new challenges energy and utilities managers in large companies.

The Viridis platform for energy and utilities management provides capabilities to directly support the new energy and utilities manager, covering functions including monitoring, planning, contracting, costing, simulation, and optimization of energy consumption. The monitoring functions permit the identification of opportunities for process improvement, stratifying energy consumption in terms of different dimensions, in addition to allowing the quantification of gains in terms of costs and greenhouse gas emissions. The integration of monitoring data with planning functions strengthens the efforts of the transformation initiatives, since it confers greater sophistication, consistency, and accuracy in the prediction of future consumption and, consequently, in planning of costs and the comparison with the actual values. Finally, the Viridis platform offers the energy and utilities manager a wide range of technologies for integrated management of continuous improvement projects focusing on energy efficiency, seeking strategic alignment from conception, implementation, and valuation of investments realized by the organization. Click here to learn more about our solutions.

How to handle risks in energy and utilities management

Submitted by Bruno Santos Pimentel on Thu, 05/10/2018 - 13:38
The application of the discipline of risk management is essential in decision-making processes of high relevance, such as energy and utilities management. Read full article!

The Viridis platform for energy and utilities management provides capabilities to directly support the management of risks associated with functions of energy and utilities management in industrial and administrative organizations, covering monitoring, planning, contracting, costing, measurement and verification, simulation, and optimization of the consumption and generation of energy. The monitoring functions permit the capture and analysis of energy performance indicators of assets at any organizational level, taking into account the uncertainties associated with measurements, the balancing of networks of measurement, and the reconciliation of mass and energy balance data. The integration of monitoring data with planning functions facilitates the development of robust models for predicting consumption, which permits the analysis of different scenarios of future consumption, and consequently the exposure of the organization to risks – operational and financial – associated with short- and long-term energy contracts. The analysis of scenarios also promotes the identification and quantitative assessment of risks related to the results of energy efficiency projects, contributing to the proper valuation of these investments. Click here to find out more about our solutions. 

Digital transformation as an ally in energy and utilities management

Submitted by Carina Lima on Wed, 11/08/2017 - 13:12
Technology continues to transform many aspects of our lives, from simple daily tasks to profound changes in business and global markets. The area of energy and utilities management is no different, and in this context companies in the lead in digitizing their processes can improve their work routine and even their competitive potential.

Energy and Utilities Cost Accounting - Part 2

Submitted by Thiago Turchetti Maia on Thu, 03/23/2017 - 16:43
Good rules are the foundation for good cost accounting. Costing rules determine how the continuous consumption of energy and utilities, ideally measured by a network of meters, will translate into accounting transactions in cost centers. As with most things in management, good rules contribute to accountability, accuracy, and transparency, whereas bad rules do just the opposite. Good rules will try to employ direct costing as much as possible, creating a direct association between the consumption measured by meters in specific parts of the operation to the values registered in their corresponding cost centers.

The Viridis platform manages the whole cost accounting discipline, from meters to uploaded transactions in ERP systems. It supports direct and indirect costing rules from multiple sources, and provides managers with cost tracking resources to further enhance transparency and accountability.

Energy and Utilities Cost Accounting - Part 1

Submitted by Thiago Turchetti Maia on Wed, 03/15/2017 - 16:13
Most cost-sensitive operations dedicate leadership time and effort to properly manage their costs. When done right, managers feel the pressure to cut costs right down to their own individual bottom line, and strive to improve the economic performance of the operations they are responsible for. When done wrong, that is, when costs are not properly assigned nor results diligently commanded, costs become a lesser priority to the organization with the inevitable ensuing consequences.

The Viridis platform handles all data management necessary for proper cost accounting, automating the whole workflow from meters and costing rules to indicators and accounting transactions. The Viridis costing module integrates directly with ERP systems, improving process accuracy, timeliness, transparency, and agility.

The revolution of industrial systems and the collapse of a pyramid

Submitted by Ricardo Giacomin on Fri, 02/03/2017 - 16:14
Industrial companies are now at the start of a revolution. The framework of new technologies that drive the so-called Industry 4.0 movement, including the Internet of Things, cyber-physical systems, and big data, promote the development of new solutions that do not adhere to the classical hierarchical structure outlined above. On the contrary, they demand a more flexible, free perspective, without fixed integrations nor closed systems.

Don't fall into the trap: the fallacies of efficiency metrics

Submitted by Thiago Turchetti Maia on Fri, 01/27/2017 - 15:49
During economic turbulence and crises, it is natural that companies from different sectors feel the pressure to cut costs and streamline operations to deal with less demand. Energy and utilities costs are no exception. Managers responsible for operational efficiency, or directly responsible for production execution, are given the mission, along with numeric targets, to reduce the consumption of energy, utilities, and other input flows. However, the way to measure efficiency and evaluate the effectiveness of improvement initiatives is not clear, leading management to misleading, and often plain wrong, conclusions.

The Viridis platform includes advanced features to manage specific consumption and generation metrics, computed not through averages, but from real time monitoring and correlation between consumption, process variables, and external events. The platform isolates each one of these factors and identifies their impact on consumption and generation indicators, resulting in unbiased efficiency metrics. In addition, these same consumption and generation models are used to assess the behavior of processes during operation, and are also used as the basis for simulations and future projections.