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Key performance indicators improve industrial performance
Mälardalen University, School of Business, Society and Engineering, Future Energy Center. ABB Corp Res, Västerås, Sweden..ORCID iD: 0000-0003-0274-4719
Mälardalen University, School of Business, Society and Engineering, Future Energy Center. Univ Teknol Malaysia, Johor, Malaysia.
Mälardalen University, School of Business, Society and Engineering, Future Energy Center.ORCID iD: 0000-0003-0300-0762
Mälardalen University, School of Business, Society and Engineering, Future Energy Center. MälarEnergi, Västerås, Sweden.
2015 (English)In: Energy Procedia, ISSN 1876-6102, E-ISSN 1876-6102, Vol. 75, 1785-1790 p.Article in journal (Refereed) Published
Abstract [en]

Key Performance Indicators (KPIs) are important for monitoring the performance in the industry. They can be used to identify poor performance and the improvement potential. KPIs can be defined for individual equipment, sub-processes, and whole plants. Different types of performances can be measured by KPIs, for example energy, raw-material, control & operation, maintenance, etc. Benchmarking KPIs with KPIs from similar equipment and plants is one method of identifying poor performing areas and estimating improvement potential. Actions for performance improvements can then be developed, prioritized and implemented based on the KPIs and the benchmarking results. An alternative to benchmarking, which is described in this paper, is to identify the process signals that are strongest correlated with the KPI and then change these process signals in the direction that improves the KPI. This method has been applied to data from a combined heat and power plant and a suggestion are given on how to improve boiler efficiency. 

Place, publisher, year, edition, pages
2015. Vol. 75, 1785-1790 p.
National Category
Energy Engineering
Identifiers
URN: urn:nbn:se:mdh:diva-29328DOI: 10.1016/j.egypro.2015.07.474ISI: 000361030003006Scopus ID: 2-s2.0-84947125510OAI: oai:DiVA.org:mdh-29328DiVA: diva2:861067
Conference
7th International Conference on Applied Energy (ICAE), MAR 28-31, 2015, Abu Dhabi, U ARAB EMIRATES
Available from: 2015-10-15 Created: 2015-10-15 Last updated: 2016-01-19Bibliographically approved

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Lindberg, Carl-FredrikTan, SieTingYan, JinYueStarfelt, Fredrik
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CiteExportLink to record
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Citation style
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