MITIGATION OF RISING GAS PRICES
According to July 2014 forecasting from Sinclair Knight Merz – gas prices on Australia’s East Coast will rise to between $8.50 – 9.50/GJ (wholesale only), by mid-2016.
Balance Energy has provided services including identification, design, installation and commissioning of gas saving projects in both the up-stream gas supply industry and within medium and large end users.
Typically we identify savings in the range of 5 -15%, particularly in thermal processes. However, rising gas prices present opportunities to consider alternative energy sources and practical technologies, with the potential to save 30-50% in compatible processes.
If your site has a series of measures under consideration, we can assist with the entire process: from the selection of which measures to undertake, through to implementation and measurement of savings. Our implementation experience ensures that we know what is practical, how it will perform and who is best placed to supply what components at a competitive price.
Balance Energy’s opportunity analysis can also be used to ensure that:
- Significant options to reduce energy use are not missed
- Options that are difficult to find or quantify are identified and analysed.
- Low capital and no capital cost reduction opportunities are identified and prioritised.
Our Continuous Assessment service ensures performance can be monitored and managed with high granularity, allowing issues to be tracked, assessed and quantified in explicit detail. (This is far more than just an advanced metering system).
Balance Energy is happy to attend site, assesses your processes and provide a proposal that makes a strong business case.