According to the International Energy Outlook 2016 report, total world consumption of marketed energy will expand from 549 quadrillion British thermal units (Btu) in 2012 to 629 quadrillion Btu in 2020 and to 815 quadrillion Btu in 2040. That represents an incredible 48% increase from 2012 to 2040.
Regardless of the reasons behind this growth, the energy sector has to be prepared for constantly increasing demand over the next two to three decades and beyond. Today’s global energy crisis highlights how energy producers aren’t able to cope with current demand, let alone meet global needs in the future. Many countries around the world are frequently experiencing on-going energy crises as their demand rises above their capacity, with Pakistan, Venezuela and Egypt commonly in the news because of this exact issue.
Governments, institutions and experts from around the world are currently debating how to overcome the energy crisis, with most debates focusing on which energy generation methods to proceed with. No matter which of these they opt for, whether it’s renewables, nuclear or thermal, if they don’t achieve high levels of efficiency then the issue can’t and won’t be overcome in a cost effective and profitable manner.
This is where reliable condition monitoring and predictive maintenance can have significant benefits. By using techniques such as vibration monitoring, energy producers can ensure their equipment is operating at optimum performance levels, for as long as possible and without problems.
This approach to maintenance is especially critical within power station cooling towers, which feature a number of rotating components that are prone to misalignment or wear that can lead to expensive machine failure and downtime.
One of the most effective methods of identifying these issues before they cause damage is through vibration monitoring. This technology allows engineers to manage systems, prevent machine failure and exercise long term cost control across power generation plants.
We offer a comprehensive guide that explains how to achieve this and the many benefits of doing so. Download your copy for free here.