Invest ahead of the curve, and benefit

Smart use of technology is an integral part of success in business today. The rate of technological and systems change necessitates a concerted ‘invest now and benefit from future changes’ approach, notably when considering technology and system upgrades.

Technology plays a crucial role in promoting efficiency and profitability, and is synonymous with a myriad of essential business imperatives including communication, data protection, process control, monitoring, decision-making and performance optimisation. Deon Mostert, Business Development Manager at Ressource Solutions, explores this from a fuel management perspective. Ressource Solutions is a leader in comprehensive, leading-edge asset optimisation solutions, and the official supplier of PetroMan fuel management systems across several industries globally.

“Ongoing developments in energy sources means that combustibles such as hydrogen, biofuel, gas (LNG, CNG and LPG), and electrical energy are becoming increasingly popular, particularly in ports, mining, agriculture and transportation,” says Mostert. According to a report by Deloitte on renewables in mining, ‘miners have the opportunity to drive down energy costs by up to 25% in existing operations and 50% in new mines through an effective energy management programme, of which renewables are a major component.’ Energy is the second-highest operational cost in mining. Constant increases in the costs of conventional energy sources (e.g. diesel), the increasing importance of renewable energy, and 2050 zero emission targets mean that changes in energy sources are inevitable.

To consider potentially viable future energy sources when investing in energy management technology and systems therefore makes commercial sense, particularly if a single technology or system can be used for the transition between energy sources. A further advantage is consistency of data measurement, analytics and reporting. A fleet being measured for efficiency against distance, consumption costs, maintenance, etc., for example, will continue to be measured against the same parameters using a single system and will not be subject to the pitfalls of integrating multiple systems.

“The design, flexibility, and scalability of our technology provides customers with a single energy management system across hydrocarbons and electrical energy. This means that users have minimal switching costs when introducing an alternative energy source,” continues Mostert.

“An ‘invest now and benefit from future changes’ approach is a consideration we recommend to all our associates, partners and customers,” concludes Mostert.

For world-class asset optimisation solutions, visit Ressource Solutions at www.ressource.mu

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