Asset Management (AM) can be defined as coordinated activity of an organization to realise value from assets. Assets being an item, thing or entity that has potential or actual value to an organisation or investor.

AM takes a total cost of ownership approach to operating, maintaining, upgrading and disposing of an asset cost-effectively. Cost, opportunity and risk are balanced to reach a desirable level of asset performance to support organisational objectives. 

When we expand on this, a number of areas can be examined to optimise asset cash flows. This includes procurement, energy and water performance, maintenance cycles, expansion or rationalisation.

See how Smart Business Hub members are helping to better manage assets.  

Asset Management projects

GEM and Solar Manufacturing Business: Austchilli, Bundaberg

Key outcomes

  • 30% load reduction
  • Payback of 4-5 years (ahead of our predictions)
  • Cash-flow positive from the first quarter

Privately owned Austchilli is a leader in the food manufacturing industry, and the largest chilli company in Australia. Founded in 1995 and based in Bundaberg in regional Queensland, the vertically integrated farming agribusiness uses sustainable farming practices with products supplied to multi-national companies and the Australian market.

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GEM and Hybrid Solar Schools: Bundaberg Christian College

Key outcomes

  • Savings of AUD$100,000 per on electricity
  • Reduced power usage by up to 80%
  • Payback period of seven years
  • Cash flow postitive from the first quarter
  • Over 400% return on investment before batteries need replacing
  • Savings over the life of the system around AUD$2,500,000
  • Generation of about AUD$20,000 in Large-Scale Generation Certificates (LGCs) per year

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ETS Installs SHARC Waste Water Heat Recovery for World's Largest Wool Tester

Key outcomes

  • $775k savings over 20 years
  • 37% reduction in gas consumption
  • 4.5 year 'simple' payback 

ETS provided AWTA with the patented SHARC heat recovery system, which captures waste heat that would otherwise be lost to sewerage each day. This heat recovery has resulted in a 37% saving in gas heating costs for AWTA, which will equate to an enormous $775k over 20 years. 

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Who can accurately measure flow without cutting the pipe? Flowservices can

Key Outcomes 

  • Much higher accuracy and repeatability achieved with non-intrusive clamp-on technology compared to the previously installed open channel meter
  • 3 to 4 times more cost effective than in line flow meter options
  • Maintenance-free with no moving parts or water contact
  • Better measurement performance than the other clamp-on flow meters tested by the customer
  • Ability to offer 80m sensor cable without need of a junction box
  • Great local service and support through Flowservices (FLEXIM distributor)

Business Problem 

MidCoast Water wanted to improve the flow monitoring of water that was pumped from their Bootawa dam to the Bootawa Water Treatment Plant. They engaged Floservices to design a cost-efficient solution in the form of clamp-on ultrasound flow measurement.

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Who can accurately measure flow without cutting the pipe? Flowservices can

Key Outcomes 

  • Much higher accuracy and repeatability achieved with non-intrusive clamp-on technology compared to the previously installed open channel meter
  • 3 to 4 times more cost effective than in line flow meter options
  • Maintenance-free with no moving parts or water contact
  • Better measurement performance than the other clamp-on flow meters tested by the customer
  • Ability to offer 80m sensor cable without need of a junction box
  • Great local service and support through Flowservices (FLEXIM distributor)

Business Problem 

MidCoast Water wanted to improve the flow monitoring of water that was pumped from their Bootawa dam to the Bootawa Water Treatment Plant. They engaged Floservices to design a cost-efficient solution in the form of clamp-on ultrasound flow measurement.

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Meat Production Turning Waste Into Biogas

Key Outcomes

  • Total project value: €3 million
  • ​Implementation of biogas plant where no source of existing anaerobic bacteria was available
  • Full operating load being digested into biogas plant
  • Significant reduction in greenhouse gas, odour emissions and solid waste disposal
  • 70% reduction in bunker oil consumption and market exposure
The Project

Finn Biogas worked with their client to build an on-site biogas plant converting manure, rumen content, fatty waste and blood into biogas which is now used to fire an on-site boiler for rendering operations. 

 

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Meat Production Turning Waste Into Biogas

Key Outcomes

  • Total project value: €3 million
  • ​Implementation of biogas plant where no source of existing anaerobic bacteria was available
  • Full operating load being digested into biogas plant
  • Significant reduction in greenhouse gas, odour emissions and solid waste disposal
  • 70% reduction in bunker oil consumption and market exposure
The Project

Finn Biogas worked with their client to build an on-site biogas plant converting manure, rumen content, fatty waste and blood into biogas which is now used to fire an on-site boiler for rendering operations. 

 

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On-site energy system saving $1M per year

Key outcomes

  • Cost saving of $1 million per annum
  • Received a $2 million Federal Government Grant
  • Project value $6.5M + $1.5M
  • Recipient of multiple awards

From feasibility to operation, ETS orchestrated the completion of one of the largest on-site energy systems of its kind at the iconic Bulla Dairy Foods Frozen Goods facility in Colac, Victoria.

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Converting heat waste into energy used for mine cooling

Key outcomes

  • Cost savings of $2.7 million per annum
  • Total project value $5.5 million
  • 18 month payback period
  • Saves 5000 tonnes of CO2 per annum

The ST Barbara mine in Leonora, Western Australia, had multiple gas generators which were producing heat waste. ETS was engaged to design and install an exhaust system which captures that waste heat and turns it into 5.6MW of additional capacity. The mine uses this additional capacity for its underground cooling system which means that traditional and much more expensive methods of expanding the cooling capacity were no longer required.

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Collins Square's Trigeneration Energy System by Optimal Group

Key Outcomes

  • 5 star NABERS efficiency rating

  • Best practice commercial green building design

  • $2 billion project, largest of its kind in Australia.

  • Use of Capstone Microturbine technology

When the Walker Corporation started planning the new Collins Square development they decided it should lead the way in best practice commercial building green design and efficiency.
 
The Optimal Group helped them achieve this, along with exceeding the 5 star NABERS rating. The cornerstone of this plan was a modern embedded trigeneration system where each of the 5 towers making up Collins Square could generate part of its own electrical demand using natural gas. 

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New Plant Upgrade Triggers Cleaning Productivity

Key Outcomes 

  • 75% reduction in cleaning labour
  • No plant shut down required

Business Productivity Problem

A specialist bread processor installed a $1m plant upgrade and was experiencing difficulties cleaning key equipment and components of the process. This necessitated complete shut-down of production and four factory workers tasked with clean the equipment over a 12-hour shift. This was happening every 7-10 days.

The Solution
After visiting the site and collaborating with Production and Maintenance teams, it was agreed that a trial of a 9 kW steam and vacuum unit would be beneficial.

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Innovative Cleaning System Improves Food Safety

Key Outcomes 

  • Improved food safety
  • Reduced water consumption 
Problem Summary
A specialist fresh vegetable food processor with unique conveyor belt system design was experiencing food safety challenges particularly around Listeria and Salmonella. This presented the challenge of having to remove and wash belts at the end of every production day.

Solution
A site review and small scale trial was carried out to prove the concept and collect data. Following this trial, the customer ordered a KHD Return Mounted Belt cleaner.
This was installed along with an industrial vacuum system. The belts are continuously steam cleaned on every rotation and vacuum dried as they leave the cleaning head. The system uses as little as 30 litres of water per hour.
 

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ETS Upgrades CQ CitiClub Hotel’s Energy Efficiency with Tailored CHP Solution

Key outcomes

  • Savings in excess of $100,000 per year in lighting, power and heating
  • 27% reduction in carbon emissions 

Developing and installing environmentally-friendly systems such as combined heat and power (CHP), waste heat recovery, waste-to-energy and renewables technology, ETS tailors innovative solutions to help clients meet their emissions reduction objectives.

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Finn Biogas Generate 1000kWh for Chicken Farm in Philippines

Key Outcomes

  • 1000kWh of biogas energy generated
  • Reduction in greenhouse gases and odour emissions
  • Designed and constructed one of the most modern biogas plants in the Philippines
  • Project came in on budget
  • Helped provide secondary market for organic fertilisers to local farming industry

A chicken farming and slaughtering operation in the Southern Philippines, was looking to displace the use of non-renewable energy throughout its operations.

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