EtaPRO® Fuel Demand Models and Plant Settlement Systems
Fuel Demand Models and Plant Accounting & Settlement
Improve fuel usage and efficiency, reduce costs and streamline plant financial systems
EtaPRO's Fuel Demand Models (FDM) and Plant Accounting & Settlement Systems (PASS) are transforming the energy sector. Our FDM's help provide an accurate reflection of the plant’s usage and output, offering a secure, user friendly interface, with the support infrastructure to ensure these systems operate flawlessly throughout the long life of the Power Purchase Agreement.
Together, these innovative tools provide a stable platform for the generation of accurate invoicing, thus safeguarding the plant’s financial future.
The EtaPRO FDM and PASS system can be upgraded to include additional Add-on packages that monitor the plant in real-time, providing information on plant operational improvements including thermal performance and asset reliability.
EtaPRO Fuel Demand Models (FDM)
The Fuel Demand Model (FDM) is based on the EtaPRO Performance & Condition Monitoring platform and uses steady state thermodynamic mass / energy balance calculations that are customized based on your plant's specific attributes. The FDM model utilizes a sophisticated graphical interface that allows users to build complex plant models, while offering an intuitive method to rapidly prototype different model types for increased flexibility.
The online FDM is embedded within the EtaPRO configuration and is controlled and executed in real-time by the EtaPRO server. The FDM monitors critical equipment such as boilers, gas turbines, steam turbines, HSRGs, condensers, and pumps, as a generalized thermodynamic modeling framework and operating as a connected system of power plant components.
The inputs to the on-line FDM are determined by actual operations (as defined in the Power Purchase Agreement or PPA). The EtaPRO server collects and conditions the online data and makes it available as model inputs for the on-line FDM, which calculates every EtaPRO update cycle.
Benefits of the EtaPRO FDM Solution
The FDM system accurately models in realtime the plant fuel demand and heat rate given the inputs dictated by the PPA, while complying with the requirements and restrictions of the PPA. Combined with the PASS system, the FDM offers a streamlined method for providing the calculations for generating invoices for each billing period, in a way that is transparent to all parties and can be easily reviewed and adjusted post submission, based on communications between the operator and the offtaker. The inherent value being that representatives from the operator or offtaker do not need to sit down every month to manually consider the contract and ensure that all the payments and special circumstances of operation have been addressed, before any invoice values are agreed and settled. The FDM provides an objective semi-automated and easy to review framework that both parties agree on, to calculate the payment and to provide all necessary information to easily understand and resolve any disagreements over how the payment was calculated.
The EtaPRO solution helps plants navigate the complex dynamics of energy demand and supply with precision and foresight.
Robust product platform
Functional modules integrated on one server
Transparent system functionality (no black box restrictions)
User friendly customer interface
Defined flexible product and application support services for system lifecycle duration
System expansion options available to improve plant efficiency and reduce plant downtime or unexpected outages
In-house EtaPRO SMEs and access to support staff
Optimize your plant's performance
Form submitted successfully.
A confirmation email was sent to "{{field:email}}".EtaPRO's Plant Accounting & Settlement System Package (PASS)
The Plant Settlement System calculates all terms required by the PPA/WPA to generate an invoice
easily and effectively
The model-based Plant Accounting & Settlement System is designed and custom configured to fulfill the requirements of the contract between the Plant's Owner/Operator and the Buyer to streamline the financial aspects of energy production, enable accurate and timely billing, improve cash flow, and enhance transparency in transactions.
The PPA/WPA fixed values are typically configured in separate PASS worksheets within the PASS calculations and invoice generation file. Fixed values from the PPA are tabulated and formatted such that they are readily validated against the PPA. These fixed values typically include terms such as:
- Capital cost recovery charge rates
- Fixed and variable operation and maintenance charge rates
- Electrical energy variable operation and maintenance charge rates
- Startup payments / deductions
- Period weighting factors
- Contracted specific net heat rate tabulated for each contract Year
- Contract years start dates
Benefits of the EtaPRO Plant Accounting & Settlement System Package (PASS)
The Plant Accounting & Settlement System Package (PASS) offers a multitude of benefits for energy production and cogeneration plants as well as Renewables including solar, Wind and BESS.
A multifunctional system tailored to meet the specific contract regulations and performance guarantees
Ensures precise compliance and efficient operations
Streamlines processes such as archiving of data, fuel demand models, and accurate tariff calculations for metered production
Simplifies manual data input
Enhances reporting capabilities
Supports invoice generation
Provides robust access control and logs interactions for security and auditing purposes
By automating these complex tasks, the PASS significantly reduces the potential for human error, increases operational efficiency, and ensures financial accuracy in settlements.
Our Customers
What People Are Saying
Hear from the clients we strive to delight every day so they can achieve excellence.
