Management of Energy in a Steel Plant...

Management of Energy in a Steel Plant In recent years, the need for a more rational and efficient management of energy has emerged as a strategic and urgent issue for an integrated iron and steel plant. Today energy plays an important role in the operation of the steel plant and inefficient use of energy has severe adverse effect on the plant bottom line. In fact, energy costs make up a large percentage of total operating costs. This has made the management of the steel plant to focus its attention on the use of energy in the plant and the efficient management of energy usage has become one of the prime objectives for the management of every steel plant. Active and efficient management of the energy not only helps in the energy conservation and minimization of environmental impact but it is also crucial in ensuring the competitiveness of the steel plant. There are no standard solutions which can fit into every plant towards the effective management of the energy, since each plant operates in an environment which is unique to it. However there are some guiding principles which help in the effective management of energies. There are several opportunities which are available at every steel plant to reduce the energy consumption in a cost effective manner. These opportunities are required to be exploited by proper and careful management of the energy. For achieving success and positive results from the effective management of energy, it requires commitment from all the levels and functions of the management of the steel plant, especially from the top management. Effective management of the energy results into the following. It provides opportunities to decrease the energy intensity/ton of crude steel. It provides best or good practices to utilize energy sources more...