Fuel management is essentially the process of monitoring and controlling fuel consumption through various systems and solutions to optimize its usage. Furthermore, it also involves the management of stock and quality checks that ensure the best grade fuel is in circulation for processes across industries.
Today fuel management systems are relied upon across numerous industries such as telecommunications, transport, manufacturing, and more. For example, in telecommunications, one of the main areas where fuel management solutions are used is for generators since they power critical infrastructure including base stations.
This is possible with the help of fuel management systems and remote monitoring and management (RMM) solutions that come in a variety of orientations and suited to specific needs. Fuel management system or software allows companies to optimize fuel usage by generators, ensure enough supply for the operations to run, and perform quality checks on the stock received.
For instance, when it comes to diesel generators, diesel is a kind of fuel that has its own lifespan and requires maintenance. Any small errors in checking their condition when they arrive or in doing their quality checks can cause companies enormous amounts of loss in fuel, equipment, and efficiency.
So, in essence, fuel management software can take care of the complete lifecycle of the fuel.
Why is Fuel Management So Important?
Optimized Fuel Efficiency
Fuel management is a critical part of optimizing fuel usage by your devices and lead to lesser wastage by actively monitoring their usage. They have parameters and metrics for different kinds of hardware, and they help the system understand the optimal level of usage. Fuel management systems allow you to accomplish this.
Monitor Fuel Costs
They are constantly looking for data around fuel transactions and have analytical tools that can enable you to find out which brands of fuel bring better economy, compare the usage of different kinds of fuels, and make you a cognizant buyer who makes informed decisions.
Management of Fuel Taxes
Fuel taxes make up a large part of your organizations’ annual dues. However, instead of manually carrying out all the management processes around these taxes, fuel management solutions automate the complete process to save your time and help you focus on your core business.
Fuel Quality Checks
Fuel management systems have a set of KPIs and quality level parameters in place, and any fuel that arrives on-site is gauged against these parameters. There’s a lot of room for human error if people check the quality; hence it’s better to have systems in place that can do that for you. These systems can detect if there are any abnormalities in the fuel that could cause malfunctions or damage to machinery using it.
Greener Energy Consumption
Responsible energy consumption is one of the UN’s SDGs, and fuel management systems can help us accomplish this not only by optimizing the fuel usage but also by ensuring that greener fuel is being used, such that there is minimal harm to the environment.
Necessity in Power Plants
Power plants across the world are run by different kinds of fuels. Coal as a fuel source is responsible for about 42% of the world’s electricity. The single biggest cost for thermal powerplants for producing electricity is the fuel cost. In certain countries, the cost in such power plants makes up 65% of their total expenditure.
Theft Prevention: A Case Study
According to a study in certain regions such as the Asia Pacific region, national grids’ electrical supply usually goes from about 12KVA to 40KVA. Furthermore, in certain countries, cellular operators consume about 250,000 liters of diesel in cell sites, and are frequently subject to fuel theft as well. All of this can be reduced with the fuel management system proposed in the case study.
A Few Use Cases of Fuel Management in Today’s Era
- Generator monitoring systems are a classic use case of fuel management. These are used to manage different kinds of generators such as diesel, and hybrid, among others. They help them monitor the fuel and also maintain the generator.
- Fleet management systems also use fuel management systems to prevent fuel theft, reduce CO2 emissions, and ensure acquiring the fuel at an optimal cost.
- Mining operations also use the fuel management software or generator remote monitoring system since mining also uses generators of different kinds. Fuel is an expensive entity, and a fuel management system can help in various parts of its lifecycle.
- Construction operations are yet another use case for fuel management systems since the equipment runs on fuel, electricity, etc., and requires management to reduce the overall construction costs.
Galooli Fuel Management Solutions
Galooli provides numerous solutions, right from fleet management to generator management. Its remote generator management systems offer a centralized way of managing and maintaining all your connected generators.
Just a few of the benefits of leveraging the Galooli Generator Fuel Management Systems include:
- Increased generator life
- Effortless maintenance
- AI-driven and cognizant systems
- Increased work efficiency
- Operational savings
- Theft Prevention