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Multi-Client Strategic Report

REFINERY POWER OUTAGE MITIGATIONS: LATEST TECHNOLOGIES AND STRATEGIES TO MINIMIZE FINANCIAL IMPACTS
Publication date:February 2014
Item#: c01300

Unplanned refinery shutdowns hit company earnings two ways: lost production and potential liabilities for excess flaring and unsafe operations.

In the US alone, there were over 2,200 refinery shutdowns between 2009 and 2013 according to the Department of Energy, and at least one out of five were caused by power supply disruptions and electrical equipment failures. That's why our just published report is devoted to helping refiners minimize plant interruptions, particularly due to power outages.

The study identifies and analyzes causes of power outages, evaluates the latest prevention techniques and advances in improving electrical equipment reliability, and recommends strategies based on risk and crisis managements to avoid downtime and speed up recovery. Refiners need to minimize operational risks and alleviate the impacts of the crisis so that the incident will not become detrimental to the whole company!

What is the financial cost, and beyond

The cost of missed production for a US refinery with an average-sized FCCU of 80K b/d will range from $340K a day at profit margins of $5/bbl to $1.7MM a day at profit margins of $25/bbl, based on a conservative estimate. Furthermore, a rapid shutdown will increase the danger of mechanical damage requiring costly repairs. Unit shutdowns and restarts are also known to reduce energy efficiency.

Excessive and prolonged flaring will create environmental concerns, incur fines by environmental agencies, and cause public nuisance that may lead in civil lawsuits. Emergency shutdowns because of power failure can also pose safety issues. From the business point of view, missed shipments to retail outlets at a time of strong demand will cause a price surge at the pump resulting in public outcry and possible governmental investigations. Undoubtedly, both environmental and retail price issues will generate negative media coverage and damage a company's public image.

How to mitigate power outages?

This first-of-the-kind, comprehensive technology and strategy study discusses near-and long-term approaches covering

Please review the prospectus and place an order today to get the best investment and return you ever have!

Pricing Information

Individual Use Multiple Users/Library/Site license
Subscription Type Electronic version Print version Others Contact for pricing
Info@Hydrocarbonpublishing.com
+1-610-408-0117
Pricing (US $) $9,500.00 $6,500.00

This Report is sold for the exclusive use of the subscribing companies and their employees. No other use duplications, storage in a retrieval system, transcriptions in any form or in any language or by any means of this Report or any part contained therein is permitted without written consent from Hydrocarbon Publishing Company, P.O. Box 661, Southeastern PA 19399 (USA).

Refinery shutdown, electrical equipment failures hurricanes, power outage, reliability, predictive maintenance, preventive maintenance, emergency, preparedness, power recovery, root cause failure analysis, LOPA, refinery unplanned shutdown, refinery power outage, refinery downtime, maintenance, equipment failure, electrical equipment, flaring,carbon footprint, CO2 emission, refinery, emissions regulations, emergency preparedness, cat reforming,hydrotreating, hydrocracking, crude distillation, PSA, membrane, hydrogen,asset management, environmental regulation compliance, alkylation, insulation, cogeneration, coking, solar energy, wind energy, combined cycle, combined heat and power, CHP, microgrids, IGCC, turbine, expander, CO boiler, boiler, furnace, motor, compressor, blower, fan, electricity, isomeration, petrochemical, safety, electric safety, redundancy, backup power