MONITORING SYSTEM AND METHOD

A system includes an analysis module and/or a prediction module. The analysis module receives data from a heat transfer device, and can compute a performance indicator indicative of an incipient anomaly condition of the heat transfer device based upon the received data, and/or can compute a normalized efficiency of the heat transfer device. The normalized efficiency represents a corrected efficiency that isolates effects of a process parameter on performance of the heat transfer device. The data represents a measurable process parameter or a change in a measurable process parameter in the heat transfer device. The prediction module receives the data and computes a performance indicator to predict performance degradation of the heat transfer device over time based upon the received data. Associated methods are provided.