Development of an indicators system for evaluating the implementation of digital twins in the fuel and energy complex enterprise in the context of the smart energy adaptation

This article discusses one of the problems of using digital technologies, namely the complexity of assessing the effectiveness of their implementation. Since the use of digital twins at the enterprises of the fuel and energy complex (FEC) has recently become relevant, the authors have chosen the digital twins technology for consideration in this article. For the successful implementation of digital technologies, the authors propose a system of evaluation indicators that will measure the effectiveness of Digital Twins implementation and determine the benefits obtained. The advantages of digital twins include improved management and monitoring, optimization of production processes, prediction of equipment failures, as well as reduced maintenance costs and increased overall efficiency of FEC systems. As a methodological basis for the study, authors use the system of balanced indicators proposed by R. Kaplan and D. Norton, which served as the basis for the development of a set of performance indicators of the fuel and energy complex enterprise with the introduction of digital twins. As a result of the study, a list of indicators for monitoring the effectiveness of digital twins implementation was determined. The study identifies performance indicators for digital twin implementation, with future research aimed at quantitative assessments. The enterprise can implement a digital twin system with a WACC of 10.99%, payback period of 8.06 years, IRR exceeding the discount rate by 9.07%, a 3.5% reduction in harmful emissions, and a 2.5% efficiency increase.

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Publication Details

Journal
Journal of Infrastructure Policy and Development
Published
2024-09-05
DOI
https://doi.org/10.24294/jipd.v8i9.6243
Primary Topic
Economic and Technological Systems Analysis
Type
article
Field-Weighted Citation Impact
0.00

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article

Development of an indicators system for evaluating the implementation of digital twins in the fuel and energy complex enterprise in the context of the smart energy adaptation

Svetlana Gutman, Viktoriia Brazovskaia, Evgenii Seredin
Journal of Infrastructure Policy and Development
Economic and Technological Systems Analysis
article

Development of an indicators system for evaluating the implementation of digital twins in the fuel and energy complex enterprise in the context of the smart energy adaptation

Svetlana Gutman, Viktoriia Brazovskaia, Evgenii Seredin
article en

Abstract

This article discusses one of the problems of using digital technologies, namely the complexity of assessing the effectiveness of their implementation. Since the use of digital twins at the enterprises of the fuel and energy complex (FEC) has recently become relevant, the authors have chosen the digital twins technology for consideration in this article. For the successful implementation of digital technologies, the authors propose a system of evaluation indicators that will measure the effectiveness of Digital Twins implementation and determine the benefits obtained. The advantages of digital twins include improved management and monitoring, optimization of production processes, prediction of equipment failures, as well as reduced maintenance costs and increased overall efficiency of FEC systems. As a methodological basis for the study, authors use the system of balanced indicators proposed by R. Kaplan and D. Norton, which served as the basis for the development of a set of performance indicators of the fuel and energy complex enterprise with the introduction of digital twins. As a result of the study, a list of indicators for monitoring the effectiveness of digital twins implementation was determined. The study identifies performance indicators for digital twin implementation, with future research aimed at quantitative assessments. The enterprise can implement a digital twin system with a WACC of 10.99%, payback period of 8.06 years, IRR exceeding the discount rate by 9.07%, a 3.5% reduction in harmful emissions, and a 2.5% efficiency increase.

Journal of Infrastructure Policy and DevelopmentVol. 8(9)
Peter the Great St. Petersburg Polytechnic University (RU)
Russian Science Foundation
Openalex Percentile: Top 75%
Economic and Technological Systems Analysis
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