According to the study “What you don’t know about steam traps” by the company SteamLoc2, most steam trap inspections are carried out annually. An annual review of this type results in a failure cost equivalent to USD 3,320 of energy losses per trap in 6 months and 3.4 tons of CO2 emitted per trap.
Raising the frequency of monitoring will reduce the time to failure, but will also increase the internal or external costs to perform these checks.
Some sensors are integrated in each trap, these have a solution cost around
$950 per trap, which turns out to be quite expensive for the industry.
There are solutions from 60 dollars per trap but these only show when the trap has already failed completely open or closed and do not include the calculation of the amount of steam.