{"id":12664,"date":"2018-06-25T11:00:02","date_gmt":"2018-06-25T19:00:02","guid":{"rendered":"https:\/\/www.palada.net\/index.php\/2018\/06\/25\/news-6432\/"},"modified":"2018-06-25T11:00:02","modified_gmt":"2018-06-25T19:00:02","slug":"news-6432","status":"publish","type":"post","link":"https:\/\/www.palada.net\/index.php\/2018\/06\/25\/news-6432\/","title":{"rendered":"Digital Optimization of Floating LNG Plants"},"content":{"rendered":"<p><strong>Credit to Author: Chris Dartnell| Date: Mon, 25 Jun 2018 13:45:51 +0000<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-49449\" src=\"https:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2018\/06\/GettyImages-172534691-LNG-1024x507.jpg\" alt=\"\" width=\"1024\" height=\"507\" srcset=\"https:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2018\/06\/GettyImages-172534691-LNG-1024x507.jpg 1024w, https:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2018\/06\/GettyImages-172534691-LNG-300x148.jpg 300w, https:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2018\/06\/GettyImages-172534691-LNG-768x380.jpg 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>With global demand for liquefied natural gas (LNG) at near-peak levels \u2013 Bloomberg New Energy Finance (BNEF) sees global LNG demand growing to 305MMtpa in 2018 and 490MMtpa by 2030 \u2013 energy companies are investing in floating LNG (FLNG) in a bid to meet demand, but at reduced cost.<\/p>\n<p>A flexible midstream asset, FLNG avoids the costly pipeline infrastructure typically required to move gas onshore. The vessel typically offers processing equipment to accommodate a variety of gas conditioning environments, including storage, enabling O&amp;G companies to generate more profits from offshore LNG reserves. FLNG is moveable, allowing it to evade extreme weather, for example, and can be relocated and reused.<\/p>\n<p>Not surprisingly, technology is playing an important role in the design and operation of these floating assets. Digitalization in the form of <a href=\"https:\/\/www.schneider-electric.com\/en\/work\/campaign\/innovation\/industries.jsp\">Industrial Internet of Things<\/a> (IIoT), artificial intelligence (AI) and digital twins have the potential to reduce costs, improve safety and optimize overall operations for these floating plants.<\/p>\n<p><strong>Optimizing energy generation <\/strong><\/p>\n<p>In the initial design phase for an LNG ship, engineering, procurement and contracting (EPC) companies can develop a digital replica of the FLNG plant \u2013 often referred to as a digital twin \u2013 to assess design integrity and identify any constraints. The digital twin is an exact 3D model and can be used to simulate various conditions to ascertain weaknesses or design flaws before construction even begins.<\/p>\n<p>With energy efficiency and sustainability a top consideration, design engineers must explore several factors with regard to a ship\u2019s operations. Managing fuel consumption is one of the most critical factors for any ship and must be integrated in the early stage of the design. To create the most efficient process, the design must optimize fuel consumption so the output remains steady while reducing the energy consumed. In other words, doing the same with less.<\/p>\n<p>Motors represent the bulk of the electric load on a ship. The electrical system on this type of ship is complex, often including several large motors and generators. Generator sizing optimization has the most significant impact on reducing fuel consumption. To reduce consumption, the power system engineer and designer must determine the best electrical solution to meet the motor-starting energy demand while using the smallest footprint, size and weight.<\/p>\n<p><a href=\"https:\/\/blog.schneider-electric.com\/marine\/2018\/06\/13\/how-the-right-motor-management-saves-20-opex-in-lng-ships\/\">In a recent example<\/a>, generation optimization was undertaken for two LNG carrier ships to help them achieve a 20 percent reduction in OPEX. The complexity of these systems required the development of rigorous models to allow transient and stability analyses accurately and reliably. Using digital asset modeling technology, the designers created detailed simulations of the electrical installation including the generators, the motors and the starting context.<\/p>\n<p>The resulting solution and generation optimization was made possible through the use of rigorous modeling and testing. A dynamic model of the electrical network was developed to ensure its stability and safety in operation.<\/p>\n<p><strong>Optimizing operations and maintenance<\/strong><\/p>\n<p>With the addition of real-time data inputs, a digital twin model created in the design phase can be used by FLNG operators to optimize operations and maintenance. Integrating historic and actual operational data with the digital twin allows operators to benchmark performance and make predictions about future operations. This allows plant operators to identify areas for efficiency improvements throughout the plant\u2019s lifecycle.<\/p>\n<p>The same real-time data can be leveraged for predictive maintenance. When used with predictive analytics, operators can identify potential problems before they happen, resulting in safe, more efficient and profitable operations. In fact, using real-time data to predict and prevent breakdowns can <a href=\"https:\/\/blog.schneider-electric.com\/oil-and-gas\/2018\/06\/11\/five-oil-and-gas-industry-influencers-that-drive-high-potential-for-profitability\/#_ftn1\">reduce downtime by 50\u00a0percent<\/a>.<\/p>\n<p><strong>Optimizing floating LNG for the future<\/strong><\/p>\n<p>LNG currently accounts for 12 percent of all gas demand.<a href=\"#_edn1\" name=\"_ednref1\">[i]<\/a> Floating LNG will offer more cost-efficient options for developing nations that lack the energy infrastructure needed to support demand. To support both growth and sustainability in this emerging market, O&amp;G companies must optimize design and operations of these floating plants.<\/p>\n<p>Digital twin modeling and simulation technologies used throughout the plant lifecycle \u2013 from design through operations and optimization \u2013 allow FLNG vessels to achieve overall efficiency, safer operations and reduced downtime, while reducing cost for operators and owners, and increasing the life of the plant.<\/p>\n<p>To learn more about how digital twins and other new technology trends are driving operational efficiency for emerging O&amp;G markets, visit Schneider Electric at booth #535 at the <a href=\"https:\/\/wgc2018.com\/\">World Gas Conference<\/a> in Washington, D.C., June 25-29, 2018.<\/p>\n<p> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-49448\" src=\"https:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2018\/06\/World-Gas-Conference.jpg\" alt=\"\" width=\"352\" height=\"143\" srcset=\"https:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2018\/06\/World-Gas-Conference.jpg 352w, https:\/\/blog.schneider-electric.com\/wp-content\/uploads\/2018\/06\/World-Gas-Conference-300x122.jpg 300w\" sizes=\"auto, (max-width: 352px) 100vw, 352px\" \/> <\/p>\n<p><a href=\"#_ednref1\" name=\"_edn1\">[i]<\/a> Clemente, Jude, JTC Energy Research Associates, LLC. \u201cThe Rapidly Expanding Global Liquefied Natural Gas Market,\u201d July 2017<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"z6sDlY29MJ\">\n<p><a href=\"https:\/\/blog.schneider-electric.com\/oil-and-gas\/2018\/06\/25\/fueling-the-future-in-oil-and-gas-improving-profitability-and-efficiency-through-digital-transformation\/\">Fueling the future in Oil and Gas:  Improving profitability and efficiency through digital transformation<\/a><\/p>\n<\/blockquote>\n<p><iframe loading=\"lazy\"  src=\"https:\/\/blog.schneider-electric.com\/oil-and-gas\/2018\/06\/25\/fueling-the-future-in-oil-and-gas-improving-profitability-and-efficiency-through-digital-transformation\/embed\/#?secret=z6sDlY29MJ\" width=\"100%\" height=\"420\" frameborder=\"0\" ><\/iframe> <\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/blog.schneider-electric.com\/oil-and-gas\/2018\/06\/25\/digital-optimization-of-floating-lng-plants\/\">Digital Optimization of Floating LNG Plants<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/blog.schneider-electric.com\">Schneider Electric Blog<\/a>.<\/p>\n<p><a href=\"https:\/\/blog.schneider-electric.com\/oil-and-gas\/2018\/06\/25\/digital-optimization-of-floating-lng-plants\/\" target=\"bwo\" >http:\/\/blog.schneider-electric.com\/feed\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>Credit to Author: Chris Dartnell| Date: Mon, 25 Jun 2018 13:45:51 +0000<\/strong><\/p>\n<p>With global demand for liquefied natural gas (LNG) at near-peak levels \u2013 Bloomberg New Energy Finance (BNEF) sees global LNG demand growing to 305MMtpa in 2018 and 490MMtpa by 2030&#8230;  <a href=\"https:\/\/blog.schneider-electric.com\/oil-and-gas\/2018\/06\/25\/digital-optimization-of-floating-lng-plants\/\" title=\"ReadDigital Optimization of Floating LNG Plants\">Read more &#187;<\/a><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/blog.schneider-electric.com\/oil-and-gas\/2018\/06\/25\/digital-optimization-of-floating-lng-plants\/\">Digital Optimization of Floating LNG Plants<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/blog.schneider-electric.com\">Schneider Electric Blog<\/a>.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[12389,12388],"tags":[11113,13722,12430,18844,18845,12571,12512,7027,18846,18734,12508,12411,18847,18848],"class_list":["post-12664","post","type-post","status-publish","format-standard","hentry","category-scadaics","category-schneider","tag-artificial-intelligence","tag-digital-twin","tag-energy-efficiency","tag-energy-optimization","tag-flng","tag-gas-plant","tag-iiot","tag-lng","tag-lng-plants","tag-lng-ship","tag-machine-and-process-management","tag-oil-and-gas","tag-optimizing-energy","tag-world-gas-conference"],"_links":{"self":[{"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/posts\/12664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/comments?post=12664"}],"version-history":[{"count":0,"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/posts\/12664\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/media?parent=12664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/categories?post=12664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/tags?post=12664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}