A Methodology to Assess the Economic Returns of Advanced Control Projects

@article{Tolfo1983AMT,
  title={A Methodology to Assess the Economic Returns of Advanced Control Projects},
  author={Flavio Tolfo},
  journal={1983 American Control Conference},
  year={1983},
  pages={1141-1146}
}
  • Flavio Tolfo
  • Published 1983 in 1983 American Control Conference
This paper summarizes the experience gained during several studies of instrumentation revamp in refining and petrochemical processes. The major benefits of modern instrumentation come from advanced control and process optimization, not from personnel reduction. General guidelines are given to help identifying areas with the best savings potential, sizing these benefits and assessing the risks of the implementation. The method is illustrated with examples from a recent study of a Crude Unit… CONTINUE READING

Similar Papers

Loading similar papers…