Production Operating Cost Reduction at Dyno Nobel Using the WiHART Power Meter
Electrical energy usage is a significant variable cost that directly affects an operation’s profitability. Managing energy usage by monitoring specific electrical loads can minimize costs by identifying high energy users, which helps prioritize mitigation actions. Tracking consumption real-time also helps operators map periods of best efficiency so production can be optimized. Dyno Nobel LOMO site’s average monthly electrical costs are $200K. They recently launched an energy management initiative to reduce energy consumption. Recent studies indicate that implementing an energy management program can reduce a typical industrial facility’s electrical consumption by 7%. Conservatively using 5% savings, Dyno Nobel expects electricity costs to decrease by $10K/month or $120K/year.
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