Session 17. Oral Presentation for: Energy efficiency as an accelerator to environmental and operational performance
Stuart Scott A *A
Stuart Scott is the dss+ Sustainability Director for Asia Pacific. He has more than 25 years of experience in improving operations and strategy in oil, gas and energy, chemicals, mining and metals in Australia and overseas. Before joining dss+, he was an advisor executive at IBM, Wood Mackenzie, KPMG, Accenture and Deloitte and spent over 10 years in operational roles at Exxonmobil, Boral and working in Private Equity. Stuart has advised top energy producers and large energy consumers on business strategy, operational improvement and sustainability, helping them achieve improved profitability and environmental and social outcomes. |
Abstract
Presented on Wednesday 22 May: Session 17
As oil and gas operators continue to enhance and start implementing their plans to meet their regulators’ and customers’ net-zero related demands, the industry should not overlook those low-hanging fruit that will bear results in the short term and, if done well, also contribute to long-term objectives. An effective approach to energy management will contribute to environmental, operational and financial outcomes, by addressing resource scarcity and price volatility, delivering on licence-to-operate considerations, complying with regulations, and delivering a competitive advantage through greater efficiency and enhanced reputation. Key considerations are as follows. Data quality: fuel, power, steam, condensate balances will highlight data gaps and inconsistencies. Energy usage: inefficiencies in operations such as boilers, turbines, as well as systemic issues, such as cycle efficiency and steam and condensate losses, can be identified. Emissions monitoring and reporting: clear and consistent data about fuel and power consumption directly feeds into greenhouse gas corporate reporting schemes. Quality assurance of monitoring and reporting processes: review and challenge dashboards and reports for completeness, accuracy and clarity. Management operating system: redesign management processes to improve workflows and optimise operations. Loss accounting: Production and Energy Loss Accounting (PELA) improves staff collaboration and effectively tackles hidden losses. In this paper, dss+ will share how, using a mix of operational efficiencies and capex, an integrated oil and gas company active in 30 countries identified potential to reduce its emissions by 38 m tonnes of CO2 leading to over US$6 m in savings per annum over 4 years for just four of its assets.
To access the Oral Presentation click the link on the right. To read the full paper click here
Keywords: decarbonisation, energy efficiency, energy management, global emissions, net zero transition, oil and gas, sustainability.
Stuart Scott is the dss+ Sustainability Director for Asia Pacific. He has more than 25 years of experience in improving operations and strategy in oil, gas and energy, chemicals, mining and metals in Australia and overseas. Before joining dss+, he was an advisor executive at IBM, Wood Mackenzie, KPMG, Accenture and Deloitte and spent over 10 years in operational roles at Exxonmobil, Boral and working in Private Equity. Stuart has advised top energy producers and large energy consumers on business strategy, operational improvement and sustainability, helping them achieve improved profitability and environmental and social outcomes. |
