BMTA Newsletter BMTA Newsletter - Autumn 2019 | Page 8

bmta.co.uk THE IMPORTANCE OF STANDARDS & HOW TO GET INVOLVED The importance of flow measurement standards By Michael Reader-Harris Principal Consultant TÜV SÜD Standards are of great importance to any industry that measures fluid flow. According to the UK government, (DTI Economics Paper No 12) standards contributed to about 13% of the increase in labour productivity over the period 1948-2002, and contribute £2.5 billion annually to the UK economy. Flow measurement standards in the oil and gas industry are essential in ensuring that revenue and tax are correct; their impact is particularly visible where losses are being determined from differences in meter readings. UK natural gas demand is around £16 billion (€20 billion) annually, and most of this is measured at some stage using the ISO standard for flow measurement with differential-pressure meters. ISO 5167: this standard and its predecessors have been revised over the years to avoid both inaccuracies through inadequate specification and excessive cost through over-specification - standards provide consistency. By the development and adoption of standards, there is wider industrial acceptance of new technologies, barriers to trade are lowered, transaction costs are reduced, and the operation of markets is improved through the smooth flow of goods and services. Standards enable compliance to be demonstrated, provide confidence in product performance, and help to eliminate or reduce disputes between companies and across borders, hence saving costs and time. They can also be of benefit to smaller firms by transferring technology from larger ones. 2018 was the 75th Anniversary of the first British flow measurement standard, BS1042:1943. This covered differential-pressure meters and ISO differential-pressure meter standards soon followed. Standards covering a very wide range of other technologies have also been developed, for example, ISO 2715 Turbine meters, ISO 10790 Coriolis meters and ISO 12242 Liquid ultrasonic meters.