(372a) Some Best Practices Using Digital Solution for Fuel and Energy Decarbonization Technologies

There have been various research and development efforts in the area of fuel and energy decarbonization technologies, such as green H2 production via electrolyzer, carbon capture and utilization, bio-mass feedstock conversion. Digitalization provides essential decision-making support during full life cycle of these decarbonization technologies, from research and development of new process to scale-up and execute projects, to optimize the operation to achieve best performance and maintenance. AspenTech provides such digitalization solutions by optimizing the performance of the process simulation through accurate modeling of the system and through integrated capital and energy optimization capabilities to improve the overall economics for these capital-intensive systems, reducing 5-20% CAPEX and 15-30% OPEX. In addition, such digitalization solutions enable optimization of the operation and maintenance of these assets.

This presentation demonstrates several best practices on digitalization solutions on fuel and energy decarbonization technologies, such as increase energy efficiency, research and scale up carbon capture and utilization technology, production and transportation of energy transition fuel such as hydrogen and natural gas, convert bio-mass feedstock to sustainable aviation fuel, etc.