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Today's Automation News Headlines from Automation.com
| Schneider Electric Announces Production Energy Optimization software | ||
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February 12, 2011 — Schneider Electric announced its Production Energy Optimization (PEO) solution. An energy management and analysis tool for energy intensive industrial processes, the solution reduces energy consumption per unit of production while making it more predictable for forecasting purposes. PEO is an EcoStruxure solution, Schneider Electric’s energy management architecture which leverages the process domain of its PlantStruxure automation solution for industrial facilities and the intelligent monitoring and control of its automation and power management products.
“We have little control over the market price of energy, but we can control how efficiently we use it,” Andrew Gravitt, Senior Vice President, Industry Business, Schneider Electric. ” Before companies can sustainably reduce energy consumption, they need a deeper understanding of how energy is used and the ability to identify the drivers and root causes of increased energy consumption. PEO offers this understanding by providing timely access to accurate energy information, as well the operational context of how that energy was used.” “Industrial energy managers are looking for ways to cut energy costs through rate and consumption reductions, as well as peak rate and usage penalty avoidance,” said Craig Resnick, Research Director, ARC Advisory Group. “Companies that offer an accurate look into the relationship between energy consumption and cost, arming the manager with the information necessary to make smart decisions on the plant floor, will become increasingly important as the industry moves towards a future focused on reducing costs and consumption.” |
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